In the underwriting auctions conducted on October 13, 2023 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) |
7.17% GS 2030 |
12,000 |
6,006 |
5,994 |
12,000 |
0.86 |
7.18% GS 2037 |
10,000 |
5,019 |
4,981 |
10,000 |
0.64 |
7.25% GS 2063 |
12,000 |
6,006 |
5,994 |
12,000 |
0.87 |
Auction for the sale of securities will be held on October 13, 2023. |
Ajit Prasad Director (Communications)
Press Release: 2023-2024/1102
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