In the auctions conducted on December 20, 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) |
8.07 % GS 2017-July |
3000 |
1512 |
1488 |
3000 |
0.22 |
8.15 % GS 2022 |
6000 |
3003 |
2997 |
6000 |
0.29 |
8.97 % GS 2030 |
3000 |
1512 |
1488 |
3000 |
0.36 |
Auction for the sale of securities will be held on December 21, 2012.
Ajit Prasad
Assistant General Manager
Press Release : 2012-2013/1035 |
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