In the underwriting auctions conducted on February 12, 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) |
4.48% GS 2023 | 5,000 | 2,520 | 2,480 | 5,000 | 13.00 |
GoI FRB 2033 | 5,000 | 2,520 | 2,480 | 5,000 | 25.00 |
6.22% GS 2035 | 11,000 | 5,502 | 5,498 | 11,000 | 35.00 |
6.67% GS 2050 | 5,000 | 2,520 | 2,480 | 5,000 | 50.00 |
Auction for the sale of securities will be held on February 12, 2021. |
Rupambara
Director