In the underwriting auctions conducted on February 12, 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) |
4.48% GS 2023 |
5,000 |
2,520 |
2,480 |
5,000 |
13.00 |
GoI FRB 2033 |
5,000 |
2,520 |
2,480 |
5,000 |
25.00 |
6.22% GS 2035 |
11,000 |
5,502 |
5,498 |
11,000 |
35.00 |
6.67% GS 2050 |
5,000 |
2,520 |
2,480 |
5,000 |
50.00 |
Auction for the sale of securities will be held on February 12, 2021. |
Rupambara Director
Press Release: 2020-2021/1093
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COMMENTS