In the underwriting auctions conducted on April 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) |
New GS 2026 |
8,000 |
4011 |
3989 |
8,000 |
0.25 |
New GS 2030 |
7,000 |
3507 |
3493 |
7,000 |
0.34 |
7.41% GS 2036 |
12,000 |
6006 |
5994 |
12,000 |
0.47 |
7.40% GS 2062 |
12,000 |
6006 |
5994 |
12,000 |
0.84 |
Auction for the sale of securities will be held on April 13, 2023. |
Ajit Prasad Director (Communications)
Press Release: 2023-2024/58
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