Mumbai (27/05/2022): In the underwriting auctions conducted on May 27, 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) |
4.56% GS 2023 | 4,000 | 2,016 | 1,984 | 4,000 | 0.67 |
7.10% GS 2029 | 7,000 | 3,507 | 3,493 | 7,000 | 0.51 |
6.54% GS 2032 | 13,000 | 6,510 | 6,490 | 13,000 | 0.49 |
6.95% GS 2061 | 9,000 | 4,515 | 4,485 | 9,000 | 0.68 |
Auction for the sale of securities will be held on May 27, 2022. |