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In the underwriting auctions conducted on April 30, 2020 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) |
| 6.18% GS 2024 |
9,000 |
4515 |
4485 |
9,000 |
0.08 |
| 7.57% GS 2033 |
4,000 |
2016 |
1984 |
4,000 |
0.19 |
| 7.16% GS 2050 |
6,000 |
3003 |
2997 |
6,000 |
1.24 |
| Auction for the sale of securities will be held on April 30, 2020. |
Ajit Prasad
Director
Press Release : 2019-2020/2292
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