In the underwriting auctions conducted on November 14, 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) |
7.04% GS 2029 | 14,000 | 7,014 | 6,986 | 14,000 | 0.04 |
New GS 2039 | 13,000 | 6,510 | 6,490 | 13,000 | 0.08 |
7.09% GS 2054 | 10,000 | 5,019 | 4,981 | 10,000 | 0.10 |
Auction for the sale of securities will be held on November 14, 2024. |
Ajit Prasad
Deputy General Manager
(Communications) Press Release: 2024-2025/1500 |
