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
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