Reserve Bank of India – Press Releases

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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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