In the underwriting auctions conducted on October 14, 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) |
6.10% GS 2031 | 13,000 | 6,510 | 6,490 | 13,000 | 1.17 |
GoI FRB 2034 | 4,000 | 2,016 | 1,984 | 4,000 | 0.74 |
6.76% GS 2061 | 7,000 | 3,507 | 3,493 | 7,000 | 2.37 |
Auction for the sale of securities will be held on October 14, 2021. |