In the auctions conducted on December 06, 2012 for Additional Competitive Underwriting (ACU) of the government 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) |
New 8 Year GS 2020 |
4000 |
2016 |
1984 |
4000 |
0.21 |
8.20 % GS 2025 |
6000 |
3003 |
2997 |
6000 |
0.35 |
8.83 % GS 2041 |
2000 |
1008 |
992 |
2000 |
0.35 |
Auction for the sale of securities will be held on December 07, 2012.
Ajit Prasad
Assistant General Manager
Press Release : 2012-2013/949 |
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