In the underwriting auction conducted on January 03, 2025, 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) |
6.79% GS 2034 | 22,000 | 11,004 | 10,996 | 22,000 | 0.13 |
7.09% GS 2074 | 10,000 | 5,019 | 4,981 | 10,000 | 0.19 |
Auction for the sale of securities will be held on January 03, 2025. |
Ajit Prasad Deputy General Manager (Communications) Press Release: 2024-2025/1847 |