In the underwriting auctions conducted on June 11, 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) |
4.26% GS 2023 |
3,000 |
1,512 |
1,488 |
3,000 |
0.35 |
5.85% GS 2030 |
14,000 |
7,014 |
6,986 |
14,000 |
8.00 |
6.76% GS 2061 |
9,000 |
4,515 |
4,485 |
9,000 |
8.80 |
Auction for the sale of securities will be held on June 11, 2021. |
Ajit Prasad Director
Press Release: 2021-2022/351
|
COMMENTS (1)