In the underwriting auctions conducted on July 20, 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) |
| 6.84% GS 2022 |
3,000 |
1512 |
1488 |
3,000 |
0.06 |
| 6.79% GS 2029 |
7,000 |
3507 |
3493 |
7,000 |
0.07 |
| 6.57% GS 2033 |
2,000 |
1008 |
992 |
2,000 |
0.13 |
| 6.62% GS 2051 |
3,000 |
1512 |
1488 |
3,000 |
0.17 |
| Auction for the sale of securities will be held on July 21, 2017. |
Ajit Prasad
Assistant Adviser
Press Release : 2017-2018/195
|
