In the underwriting auctions conducted on May 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) | | 6.18% GS 2024 | 12,000 | 6006 | 5994 | 12,000 | 0.05 | | New GS 2034 | 11,000 | 5502 | 5498 | 11,000 | 0.13 | | 7.16% GS 2050 | 7,000 | 3507 | 3493 | 7,000 | 0.54 | | Auction for the sale of securities will be held on May 29, 2020. | Ajit Prasad
Director Press Release : 2019-2020/2419 | |