Mumbai (21/10/2022): In the underwriting auctions conducted on October 21, 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) |
7.38% GS 2027 | 7,000 | 3,507 | 3,493 | 7,000 | 0.58 |
7.26% GS 2032 | 12,000 | 6,006 | 5,994 | 12,000 | 0.58 |
7.36% GS 2052 | 9,000 | 4,515 | 4,485 | 9,000 | 0.77 |
Auction for the sale of securities will be held on October 21, 2022. |