In the underwriting auctions conducted on February 16, 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) 7.33% GS 2026 8,000 4,011 3,989 8,000 0.08 7.18% GS 2037 10,000 5,019 4,981 10,000 0.08 7.25% GS 2063 12,000 6,006 5,994 12,000 0.15 Auction for the sale of securities will be held on February 16, 2024.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1888