In the underwriting auctions conducted on February 09, 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) 7.37% GS 2028 7,000 3,507 3,493 7,000 0.07 7.18% GS 2033 16,000 8,001 7,999 16,000 0.09 7.30% GS 2053 10,000 5,019 4,981 10,000 0.14 Auction for the sale of securities will be held on February 09, 2024.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1837