In the underwriting auctions conducted on April 12, 2019 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) |
| 7.32% GS 2024 |
5,000 |
2520 |
2480 |
5,000 |
0.14 |
| 7.26% GS 2029 |
6,000 |
3003 |
2997 |
6,000 |
0.14 |
| 7.40% GS 2035 |
2,000 |
1008 |
992 |
2,000 |
1.47 |
| New GS 2049 |
4,000 |
2016 |
1984 |
4,000 |
1.88 |
| Auction for the sale of securities will be held on April 12, 2019. |
Ajit Prasad
Assistant Adviser
Press Release : 2018-2019/2435
|
