In the underwriting auctions conducted on June 28, 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) |
| 7.00% GS 2021 | 3,000 | 1512 | 1488 | 3,000 | 0.08 |
| 7.27% GS 2026 | 3,000 | 1512 | 1488 | 3,000 | 0.08 |
| GoI FRB, 2031 | 5,000 | 2520 | 2480 | 5,000 | 0.12 |
| 7.62% GS 2039 | 2,000 | 1008 | 992 | 2,000 | 0.31 |
| 7.63% GS 2059 | 4,000 | 2016 | 1984 | 4,000 | 0.76 |
| Auction for the sale of securities will be held on June 28, 2019. |
Ajit Prasad
Assistant Adviser
Press Release : 2018-2019/3071
