Reserve Bank of India – Press Releases

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In the underwriting auctions conducted on October 22, 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)
4.26% GS 2023 2,000 1,008 992 2,000 0.50
5.63% GS 2026 6,000 3,003 2,997 6,000 0.64
6.67% GS 2035 9,000 4,515 4,485 9,000 1.34
6.67% GS 2050 7,000 3,507 3,493 7,000 1.70
Auction for the sale of securities will be held on October 22, 2021.

Ajit Prasad
Director   

Press Release: 2021-2022/1079

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