In the underwriting auctions conducted on August 21, 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) |
| 5.22% GS 2025 |
12,000 |
6,006 |
5,994 |
12,000 |
1.35 |
| 6.19% GS 2034 |
11,000 |
5502 |
5498 |
11,000 |
1.40 |
| 7.16% GS 2050 |
7,000 |
3507 |
3493 |
7,000 |
2.25 |
| Auction for the sale of securities will be held on August 21, 2020. |
Ajit Prasad
Director
Press Release : 2020-2021/216
|
