In the underwriting auctions conducted on June 12, 2020 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) | | New GS 2025 (maturing on June 15, 2025) | 12,000 | 6006 | 5994 | 12,000 | 0.04 | | 6.19% GS 2034 | 11,000 | 5502 | 5498 | 11,000 | 0.19 | | 7.16% GS 2050 | 7,000 | 3507 | 3493 | 7,000 | 0.39 | | Auction for the sale of securities will be held on June 12, 2020. | Ajit Prasad
Director Press Release: 2019-2020/2487 | |