In the underwriting auctions conducted on October 29, 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 2023 | 6,000 | 3,003 | 2,997 | 6,000 | 0.14 | | GOI FRB 2033 | 3,000 | 1,512 | 1,488 | 3,000 | 0.96 | | New GS 2035 | 9,000 | 4,515 | 4,485 | 9,000 | 0.43 | | New GS 2050 | 5,000 | 2,520 | 2,480 | 5,000 | 1.40 | | Auction for the sale of securities will be held on October 29, 2020. | Ajit Prasad
Director Press Release: 2020-2021/556 | |