In the auctions conducted on November 01, 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 under written |
ACU Commission Cut-off rate
(paise per `100) |
8.07 % GS 2017 JUL |
3000 |
1512 |
1488 |
3000 |
0.50 |
8.33 % GS 2026 |
7000 |
3507 |
3493 |
7000 |
1.21 |
8.97 % GS 2030 |
3000 |
1512 |
1488 |
3000 |
0.77 |
Auction for the sale of securities will be held on November 02, 2012.
J. D. Desai
Assistant Manager
Press Release : 2012-2013/737
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