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In the underwriting auctions conducted on July 28, 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 |
8000 |
4,011 |
3,989 |
8,000 |
0.37 |
| 7.26% GS 2033 |
14,000 |
7,014 |
6,986 |
14,000 |
0.46 |
| 7.30% GS 2053 |
11,000 |
5,502 |
5,498 |
11,000 |
0.74 |
| Auction for the sale of securities will be held on July 28, 2023. |
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/659
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