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In the underwriting auctions conducted on May 29, 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 |
12,000 |
6006 |
5994 |
12,000 |
0.05 |
| New GS 2034 |
11,000 |
5502 |
5498 |
11,000 |
0.13 |
| 7.16% GS 2050 |
7,000 |
3507 |
3493 |
7,000 |
0.54 |
| Auction for the sale of securities will be held on May 29, 2020. |
Ajit Prasad
Director
Press Release : 2019-2020/2419
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