In the underwriting auction conducted on January 17, 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) |
6.75% GS 2029 | 14,000 | 7,014 | 6,986 | 14,000 | 0.07 |
6.92% GS 2039 | 12,000 | 6,006 | 5,994 | 12,000 | 0.09 |
7.09% GS 2054 | 10,000 | 5,019 | 4,981 | 10,000 | 0.12 |
Auction for the sale of securities will be held on January 17, 2025. |
Ajit Prasad
Deputy General Manager
(Communications) Press Release: 2024-2025/1944 |
