In the underwriting auctions conducted on June 25, 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) |
4.26% GS 2023 | 3,000 | 1,512 | 1,488 | 3,000 | 1.35 |
5.85% GS 2030 | 14,000 | 7,014 | 6,986 | 14,000 | 23.00 |
6.76% GS 2061 | 9,000 | 4,515 | 4,485 | 9,000 | 15.30 |
Auction for the sale of securities will be held on June 25, 2021. |
Ajit Prasad
Director