In the auctions conducted on October 11, 2012 for Additional Competitive Underwriting (ACU) of the undernoted government 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) |
8.07 % GS 2017-JUL |
3000 |
1512 |
1488 |
3000 |
0.18 |
8.15 % GS 2022 |
7000 |
3507 |
3493 |
7000 |
0.19 |
8.97 % GS 2030 |
3000 |
1512 |
1488 |
3000 |
0.21 |
Auction for the sale of securities will be held on October 12, 2012.
Ajit Prasad
Assistant General Manager
Press Release : 2012-2013/612 |
|