In the underwriting auctions conducted on August 18, 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) | | 7.17% GS 2030 | 7,000 | 3,507 | 3,493 | 7,000 | 0.30 | | 7.18% GS 2037 | 12,000 | 6,006 | 5,994 | 12,000 | 0.34 | | 7.25% GS 2063 | 12,000 | 6,006 | 5,994 | 12,000 | 0.54 | | Auction for the sale of securities will be held on August 18, 2023. | Ajit Prasad
Director (Communications) Press Release: 2023-2024/773 | |