In the auctions conducted on November 22, 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) |
8.19 % GS 2020 |
3000 |
1512 |
1488 |
3000 |
0.39 |
8.20 % GS 2025 |
7000 |
3507 |
3493 |
7000 |
0.60 |
8.83 % GS 2041 |
3000 |
1512 |
1488 |
3000 |
0.65 |
Auction for the sale of securities will be held on November 23, 2012.
Ajit Prasad
Assistant General Manager
Press Release : 2012-2013/861
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