In the underwriting auctions conducted on January 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) |
3.96% GS 2022 |
2,000 |
1,008 |
992 |
2,000 |
0.04 |
5.15% GS 2025 |
11,000 |
5,502 |
5,498 |
11,000 |
0.24 |
5.85% GS 2030 |
8,000 |
4,011 |
3,989 |
8,000 |
0.19 |
6.80% GS 2060 |
6,000 |
3,003 |
2,997 |
6,000 |
0.48 |
Auction for the sale of securities will be held on January 22, 2021. |
Ajit Prasad Director
Press Release: 2020-2021/981
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