Reserve Bank of India – Press Releases

In the underwriting auctions conducted on August 21, 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)
5.22% GS 2025 12,000 6,006 5,994 12,000 1.35
6.19% GS 2034 11,000 5502 5498 11,000 1.40
7.16% GS 2050 7,000 3507 3493 7,000 2.25
Auction for the sale of securities will be held on August 21, 2020.

Ajit Prasad
Director   

Press Release : 2020-2021/216

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