In the underwriting auctions conducted on November 02, 2017 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) |
| GoI FRB 2024 |
3,000 |
1512 |
1488 |
3,000 |
0.16 |
| 6.79% GS 2027 |
8,000 |
4011 |
3989 |
8,000 |
0.24 |
| 7.73% GS 2034 |
2,000 |
1008 |
992 |
2,000 |
0.73 |
| 6.62% GS 2051 |
2,000 |
1008 |
992 |
2,000 |
0.99 |
| Auction for the sale of securities will be held on November 03, 2017. |
Ajit Prasad
Assistant Adviser
Press Release : 2017-2018/1216
|
