In the underwriting auctions conducted on November 08, 2024, 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:
(Rs. 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 Rs.100) |
7.02% GS 2027 | 7,000 | 3,507 | 3,493 | 7,000 | 0.03 |
7.34% GS 2064 | 15,000 | 7,518 | 7,482 | 15,000 | 0.08 |
Auction for the sale of securities will be held on November 08, 2024. |
Ajit Prasad
Deputy General Manager
(Communications) Press Release: 2024-2025/1454 |
