Mumbai (13/01/2023): In the underwriting auctions conducted on January 13, 2023 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) |
New GS 2025 | 4,000 | 2,016 | 1,984 | 4,000 | 0.09 |
7.10% GS 2029 | 6,000 | 3,003 | 2,997 | 6,000 | 0.11 |
7.41% GS 2036 | 11,000 | 5,502 | 5,498 | 11,000 | 0.17 |
7.40% GS 2062 | 9,000 | 4,515 | 4,485 | 9,000 | 0.18 |
Auction for the sale of securities will be held on January 13, 2023. |
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