In the underwriting auctions conducted on January 01, 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 |
6,000 |
3003 |
2997 |
6,000 |
0.02 |
GoI FRB 2033 |
2,000 |
1008 |
992 |
2,000 |
0.09 |
6.22% GS 2035 |
9,000 |
4515 |
4485 |
9,000 |
0.15 |
6.67% GS 2050 |
5,000 |
2520 |
2480 |
5,000 |
0.41 |
Auction for the sale of securities will be held on January 01, 2021. |
Ajit Prasad
Director
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