In the underwriting auctions conducted on August 11, 2023 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) | | 7.06% GS 2028 | 8,000 | 4,011 | 3,989 | 8,000 | 0.26 | | New GS 2033 | 14,000 | 7,014 | 6,986 | 14,000 | 0.36 | | 7.30% GS 2053 | 11,000 | 5,502 | 5,498 | 11,000 | 0.67 | | Auction for the sale of securities will be held on August 11, 2023. | Ajit Prasad
Director (Communications) Press Release: 2023-2024/738 | |