In the underwriting auctions conducted on November 22, 2018 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) |
| 8.24% GS 2027 |
3,000 |
1512 |
1488 |
3,000 |
0.44 |
| 7.17% GS 2028 |
4,000 |
2016 |
1984 |
4,000 |
0.12 |
| 7.50% GS 2034 |
2,000 |
1008 |
992 |
2,000 |
1.99 |
| 8.13% GS 2045 |
3,000 |
1512 |
1488 |
3,000 |
2.24 |
| Auction for the sale of securities will be held on November 22, 2018. |
Ashish Daryani
Assistant Manager
Press Release : 2018-2019/1184
|
