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Source: Reserve Bank of India

In the underwriting auctions conducted on October 23, 2020 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)
5.09% GS 2022 3,000 1,512 1,488 3,000 0.20
5.22% GS 2025 12,000 6006 5,994 12,000 0.70
5.77% GS 2030 9,000 4515 4,485 9,000 0.89
6.80% GS 2060 7,000 3507 3,493 7,000 3.80
Auction for the sale of securities will be held on October 23, 2020

Ajit Prasad
Director  

Press Release: 2020-2021/530

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