In the underwriting auctions conducted on December 03, 2021 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) |
GOI FRB 2028 |
4,000 |
2,016 |
1,984 |
4,000 |
0.50 |
6.10% GS 2031 |
13,000 |
6,510 |
6,490 |
13,000 |
0.33 |
6.95% GS 2061 |
7,000 |
3,507 |
3,493 |
7,000 |
0.42 |
Auction for the sale of securities will be held on December 03, 2021. |
Ajit Prasad Director (Communications)
Press Release: 2021-2022/1300
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COMMENTS