In the underwriting auctions conducted on January 08, 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 | 0.01 |
5.15% GS 2025 | 11,000 | 5,502 | 5,498 | 11,000 | 0.07 |
5.85% GS 2030 | 8,000 | 4,011 | 3,989 | 8,000 | 0.09 |
6.80% GS 2060 | 6,000 | 3,003 | 2,997 | 6,000 | 0.34 |
Auction for the sale of securities will be held on January 08, 2021. |
Ajit Prasad
Director