In the underwriting auctions conducted on October 22, 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) |
4.26% GS 2023 | 2,000 | 1,008 | 992 | 2,000 | 0.50 |
5.63% GS 2026 | 6,000 | 3,003 | 2,997 | 6,000 | 0.64 |
6.67% GS 2035 | 9,000 | 4,515 | 4,485 | 9,000 | 1.34 |
6.67% GS 2050 | 7,000 | 3,507 | 3,493 | 7,000 | 1.70 |
Auction for the sale of securities will be held on October 22, 2021. |
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