In the underwriting auctions conducted on July 21, 2023 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) 7.17% GS 2030 7,000 3,507 3,493 7,000 0.23 New GS 2037 12,000 6,006 5,994 12,000 0.24 7.25% GS 2063 12,000 6,006 5,994 12,000 0.43 Auction for the sale of securities will be held on July 21, 2023.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/627
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