Mumbai (31/12/2021): In the underwriting auctions conducted on December 31, 2021 for Additional Competitive Underwriting (ACU) of the under noted 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) |
GOI FRB 2028 | 4,000 | 2,016 | 1,984 | 4,000 | 15.00 |
6.10% GS 2031 | 13,000 | 6,510 | 6,490 | 13,000 | 9.23 |
6.95% GS 2061 | 7,000 | 3,507 | 3,493 | 7,000 | 8.49 |
Auction for the sale of securities will be held on December 31, 2021. |