In the underwriting auctions conducted on March 05, 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 | 3,000 | 1,512 | 1,488 | 3,000 | 9.00 |
5.15% GS 2025 | 12,000 | 6,006 | 5,994 | 12,000 | 27.67 |
5.85% GS 2030 | 12,000 | 6,006 | 5,994 | 12,000 | 47.22 |
GoI FRB 2033 | 4,000 | 2,016 | 1,984 | 4,000 | 28.00 |
Auction for the sale of securities will be held on March 05, 2021. |
Ajit Prasad
Director