Reserve Bank of India – Press Releases

March 12, 2021 root Press Releases

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In the underwriting auctions conducted on March 12, 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)
4.48% GS 2023	4,000	2,016	1,984	4,000	12.43
GoI FRB 2033	4,000	2,016	1,984	4,000	22.00
6.22% GS 2035	11,000	5,502	5,498	11,000	36.50
Auction for the sale of securities will be held on March 12, 2021.

Ajit Prasad
Director

Press Release : 2020-2021/1230

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Reserve Bank of India – Press Releases

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