In the underwriting auctions conducted on February 11, 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) |
5.15% GS 2025 | 11,000 | 5502 | 5498 | 11,000 | 0.25 |
5.85% GS 2030 | 11,000 | 5502 | 5498 | 11,000 | 0.35 |
Auction for the sale of securities will be held on February 11, 2021. |
Rupambara
Director