In the underwriting auction conducted on December 20, 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:
Nomenclature of the Security | Notified Amount (Rs. crore) | Minimum Underwriting Commitment (MUC) Amount (Rs. crore) | Additional Competitive Underwriting Amount Accepted (Rs. crore) | Total Amount underwritten (Rs. crore) | ACU Commission Cut-off rate (paise per Rs.100) |
New GS 2029 | 14,000 | 7,014 | 6,986 | 14,000 | 0.15 |
7.34% GS 2064 | 15,000 | 7,518 | 7,482 | 15,000 | 0.28 |
Auction for the sale of securities will be held on December 20, 2024. |
Ajit Prasad Deputy General Manager (Communications) Press Release: 2024-2025/1743 |