In the underwriting auctions conducted on May 14, 2021 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 2023 | 3,000 | 1,512 | 1,488 | 3,000 | 0.49 |
5.85% GS 2030 | 14,000 | 7,014 | 6,986 | 14,000 | 5.39 |
6.76% GS 2061 | 9,000 | 4,515 | 4,485 | 9,000 | 8.24 |
Auction for the sale of securities will be held on May 14, 2021. |
Ajit Prasad
Director
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