Reserve Bank of India – Press Releases

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In the underwriting auctions conducted on October 13, 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 12,000 6,006 5,994 12,000 0.86
7.18% GS 2037 10,000 5,019 4,981 10,000 0.64
7.25% GS 2063 12,000 6,006 5,994 12,000 0.87
Auction for the sale of securities will be held on October 13, 2023.

Ajit Prasad           
Director (Communications)

Press Release: 2023-2024/1102



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