In the underwriting auctions conducted on May 17, 2024, 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) | | 7.10% GS 2034 | 20,000 | 10,017 | 9,983 | 20,000 | 0.12 | | 7.34% GS 2064 | 11,000 | 5,502 | 5,498 | 11,000 | 0.17 | | Auction for the sale of securities will be held on May 17, 2024. | Ajit Prasad
Deputy General Manager
(Communications) Press Release: 2024-2025/319 |
|