In the underwriting auctions conducted on May 21, 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) |
5.63% GS 2026 |
11,000 |
5,502 |
5,498 |
11,000 |
1.74 |
GoI FRB 2033 |
4,000 |
2,016 |
1,984 |
4,000 |
2.00 |
6.64% GS 2035 |
10,000 |
5,019 |
4,981 |
10,000 |
2.80 |
6.67% GS 2050 |
7,000 |
3,507 |
3,493 |
7,000 |
5.00 |
Auction for the sale of securities will be held on May 21, 2021. |
Ajit Prasad Director
Press Release: 2021-2022/250
|
COMMENTS