In the auctions conducted on March 7, 2012 for Additional Competitive Underwriting (ACU) of the undernoted 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
|
Minimum Underwriting Commitment (MUC) Amount |
Additional Competitive Underwriting Amount Accepted |
Total Amount underwritten |
ACU Commission Cut-off rate
(paise per `100) |
8.24% GS 2018 |
3000 |
1512 |
1488 |
3000 |
1.45 |
8.79% GS 2021 |
6000 |
3003 |
2997 |
6000 |
1.39 |
8.83% GS 2041 |
3000 |
1512 |
1488 |
3000 |
1.99 |
Auction for the sale of securities will be held on March 9, 2012.
Sabeeta Badkar
Assistant Manager
Press Release : 2011-2012/1428
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