In the underwriting auctions conducted on August 12, 2022, 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) |
7.38% GS 2027 | 9,000 | 4,515 | 4,485 | 9,000 | 0.28 |
GOI FRB 2028 | 4,000 | 2,016 | 1,984 | 4,000 | 1.24 |
7.54% GS 2036 | 11,000 | 5,502 | 5,498 | 11,000 | 0.33 |
6.99% GS 2051 | 8,000 | 4,011 | 3,989 | 8,000 | 0.38 |
Auction for the sale of securities will be held on August 12, 2022. |