In the underwriting auctions conducted on May 31, 2024, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:
(₹ crore) Nomenclature of the Security Notified Amount Minimum Underwriting Commitment (MUC) Amount Additional Competitive Underwriting Amount Accepted Total Amount underwritten ACU Commission Cut-off rate
(paise per ₹100) New GS 2029 12,000 6006 5994 12,000 0.09 New GOI SGrB 2034 6,000 3003 2997 6,000 0.16 7.34% GS 2064 11,000 5502 5498 11,000 0.15 Auction for the sale of securities will be held on May 31, 2024.
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2024-2025/408