In the auctions conducted on June 07, 2012 for Additional Competitive Underwriting (ACU) of the captioned 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 |
0.54 |
New 10 year GS 2022 |
7000 |
3507 |
3493 |
7000 |
0.31 |
8.97% GS 2030 |
3000 |
1512 |
1488 |
3000 |
0.75 |
8.33% GS 2036 |
2000 |
1008 |
992 |
2000 |
0.63 |
Auction for the sale of securities will be held on June 8, 2012.
J.D.Desai
Assistant Manager
Press Release : 2011-2012/1951 |
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