Mumbai (04/11/2022): In the underwriting auctions conducted on November 04, 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) |
6.69% GS 2024 | 4,000 | 2,016 | 1,984 | 4,000 | 0.87 |
7.10% GS 2029 | 6,000 | 3,003 | 2,997 | 6,000 | 0.83 |
7.54% GS 2036 | 11,000 | 5,502 | 5,498 | 11,000 | 0.58 |
7.40% GS 2062 | 9,000 | 4,515 | 4,485 | 9,000 | 0.67 |
Auction for the sale of securities will be held on November 04, 2022. |