Reserve Bank of India – Press Releases

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In the underwriting auctions conducted on November 18, 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)
6.10% GS 2031 13,000 6,510 6,490 13,000 0.42
GOI FRB 2034 4,000 2,016 1,984 4,000 0.65
New GS 2061 7,000 3,507 3,493 7,000 0.68
Auction for the sale of securities will be held on November 18, 2021.

Ajit Prasad           
Director (Communications)

Press Release: 2021-2022/1219

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