Reserve Bank of India – Press Releases

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In the underwriting auctions conducted on September 09, 2021 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)
5.63% GS 2026 11,000 5,502 5,498 11,000 0.48
GoI FRB 2034 3,000 1,512 1,488 3,000 0.39
New GS 2035 10,000 5,019 4,981 10,000 0.49
6.67% GS 2050 7,000 3,507 3,493 7,000 0.74
Auction for the sale of securities will be held on September 09, 2021.

Ajit Prasad
Director   

Press Release: 2021-2022/835

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