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In the underwriting auctions conducted on July 21, 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 |
0.23 |
| New GS 2037 |
12,000 |
6,006 |
5,994 |
12,000 |
0.24 |
| 7.25% GS 2063 |
12,000 |
6,006 |
5,994 |
12,000 |
0.43 |
| Auction for the sale of securities will be held on July 21, 2023. |
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/627
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