In the underwriting auctions conducted on November 17, 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) | | 7.37% GS 2028 | 7,000 | 3,507 | 3,493 | 7,000 | 0.10 | | 7.18% GS 2033 | 13,000 | 6,510 | 6,490 | 13,000 | 0.12 | | 7.30% GS 2053 | 10,000 | 5,019 | 4,981 | 10,000 | 0.23 | | Auction for the sale of securities will be held on November 17, 2023. | Shweta Sharma
Deputy General Manager Press Release: 2023-2024/1306 | |