In the underwriting auctions conducted on February 18, 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) |
3.96% GS 2022 | 2,000 | 1,008 | 992 | 2,000 | 4.70 |
5.15% GS 2025 | 11,000 | 5,502 | 5,498 | 11,000 | 44.00 |
5.85% GS 2030 | 11,000 | 5,502 | 5,498 | 11,000 | 49.00 |
New GS 2061 | 7,000 | – | – | – | – |
Auction for the sale of securities will be held on February 18, 2021. |
Rupambara
Director