Mumbai (23/09/2022): In the underwriting auctions conducted on September 23, 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 | 9,000 | 4,515 | 4,485 | 9,000 | 2.75 |
GOI FRB 2028 | 4,000 | 2,016 | 1,984 | 4,000 | 6.67 |
7.54% GS 2036 | 11,000 | 5,502 | 5,498 | 11,000 | 2.44 |
7.36% GS 2052 | 8,000 | 4,011 | 3,989 | 8,000 | 1.90 |
Auction for the sale of securities will be held on September 23, 2022. |
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