In the underwriting auctions conducted on November 29, 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 2031 | 10,000 | 5,019 | 4,981 | 10,000 | 0.06 |
New GOI SGrB 2034 | 5,000 | 2,520 | 2,480 | 5,000 | 0.11 |
7.34% GS 2064 | 15,000 | 7,518 | 7,482 | 15,000 | 0.13 |
Auction for the sale of securities will be held on November 29, 2024. |
Ajit Prasad
Deputy General Manager
(Communications) Press Release: 2024-2025/1608 |
