In the auctions conducted on April 02, 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:
(` 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 ` 100) |
8.19% GS 2020 |
4000 |
2016 |
1984 |
4000 |
8.80 |
9.15% GS 2024 |
8000 |
4011 |
3989 |
8000 |
7.00 |
8.97% GS 2030 |
3000 |
1512 |
1488 |
3000 |
14.75 |
8.83% GS 2041 |
3000 |
1512 |
1488 |
3000 |
13.97 |
Auction for the sale of securities will be held on April 03, 2012.
Ajit Prasad
Assistant General Manager
Press Release : 2011-2012/1580
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