Mumbai (25/02/2022): In the underwriting auctions conducted on February 25, 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) |
GOI FRB 2028 | 4,000 | 2,016 | 1,984 | 4,000 | 5.73 |
6.54% GS 2032 | 13,000 | 6,510 | 6,490 | 13,000 | 11.78 |
6.95% GS 2061 | 6,000 | 3,003 | 2,997 | 6,000 | 1.33 |
Auction for the sale of securities will be held on February 25, 2022. |