In the auctions conducted on May 17, 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 |
1.40 |
9.15% GS 2024 |
7000 |
3507 |
3493 |
7000 |
1.40 |
8.97% GS 2030 |
2000 |
1008 |
992 |
2000 |
2.27 |
8.83% GS 2041 |
2000 |
1008 |
992 |
2000 |
2.51 |
Auction for the sale of securities will be held on May 18, 2012.
Ajit Prasad
Assistant General Manager
Press Release : 2011-2012/1828
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