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In the underwriting auctions conducted on October 20, 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) |
| New GS 2028 |
7,000 |
3,507 |
3,493 |
7,000 |
0.28 |
| 7.18% GS 2033 |
13,000 |
6,510 |
6,490 |
13,000 |
0.35 |
| 7.30% GS 2053 |
10,000 |
5,019 |
4,981 |
10,000 |
0.48 |
| Auction for the sale of securities will be held on October 20, 2023. |
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1149
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