Reserve Bank of India – Press Releases

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In the underwriting auctions conducted on May 28, 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 3,000 1,512 1,488 3,000 0.42
5.85% GS 2030 14,000 7,014 6,986 14,000 16.23
6.76% GS 2061 9,000 4,515 4,485 9,000 13.00
Auction for the sale of securities will be held on May 28, 2021.

Ajit Prasad
Director   

Press Release: 2021-2022/279

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