In the underwriting auctions conducted on November 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)
7.04% GS 2029 14,000 7,014 6,986 14,000 0.04
New GS 2039 13,000 6,510 6,490 13,000 0.08
7.09% GS 2054 10,000 5,019 4,981 10,000 0.10
Auction for the sale of securities will be held on November 14, 2024.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2024-2025/1500