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In the underwriting auctions conducted on February 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) |
| 7.10% GS 2029 |
6,000 |
3,003 |
2,997 |
6,000 |
1.40 |
| 7.41% GS 2036 |
11,000 |
5,502 |
5,498 |
11,000 |
2.50 |
| 7.40% GS 2062 |
9,000 |
4,515 |
4,485 |
9,000 |
0.95 |
| Auction for the sale of securities will be held on February 24, 2023. |
Ajit Prasad
Director (Communications)
Press Release: 2022-2023/1775
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