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In the underwriting auctions conducted on November 24, 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) |
| 7.33% GS 2026 |
8,000 |
4,011 |
3,989 |
8,000 |
0.11 |
| 7.18% GS 2037 |
10,000 |
5,019 |
4,981 |
10,000 |
0.12 |
| 7.25% GS 2063 |
12,000 |
6,006 |
5,994 |
12,000 |
0.22 |
| Auction for the sale of securities will be held on November 24, 2023. |
Shweta Sharma
Deputy General Manager
Press Release: 2023-2024/1348
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