In the underwriting auctions conducted on May 24, 2018 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) |
| 6.84% GS 2022 |
3,000 |
1512 |
1488 |
3,000 |
7.12 |
| 7.17% GS 2028 |
4,000 |
2016 |
1984 |
4,000 |
4.72 |
| 7.40% GS 2035 |
2,000 |
1008 |
992 |
2,000 |
10.49 |
| 7.06% GS 2046 |
3,000 |
1512 |
1488 |
3,000 |
8.37 |
| Auction for the sale of securities will be held on May 25, 2018. |
Ajit Prasad
Assistant Adviser
Press Release : 2017-2018/3081
|
