In the underwriting auctions conducted on August 19, 2022 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) 6.69% GS 2024 4,000 2,016 1,984 4,000 0.27 7.10% GS 2029 7,000 3,507 3,493 7,000 0.23 New GS 2032 13,000 6,510 6,490 13,000 0.22 6.95% GS 2061 9,000 4,515 4,485 9,000 0.28 Auction for the sale of securities will be held on August 19, 2022.
Rupambara
Director (Communications)
Press Release: 2022-2023/730
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