In the underwriting auctions conducted on June 14, 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 2031 11,000 5502 5498 11,000 0.08 7.23% GS 2039 12,000 6006 5994 12,000 0.09 7.34% GS 2064 11,000 5502 5498 11,000 0.12 Auction for the sale of securities will be held on June 14, 2024.

Ajit Prasad        
Deputy General Manager
(Communications)   

Press Release: 2024-2025/501