In the auctions conducted on May 24, 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 |
4000 |
2016 |
1984 |
4000 |
1.02 |
8.79% GS 2021 |
6000 |
3003 |
2997 |
6000 |
1.08 |
8.28% GS 2027 |
2000 |
1008 |
992 |
2000 |
1.84 |
8.33% GS 2036 |
3000 |
1512 |
1488 |
3000 |
2.00 |
Auction for the sale of securities will be held on May 25, 2012.
Ajit Prasad
Assistant General Manager
Press Release : 2011-2012/1869 |
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