In the underwriting auctions conducted on April 9, 2015 for Additional Competitive Underwriting (ACU) of the captioned 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) |
8.27 per cent GS 2020 |
3000 |
1500 |
1500 |
3000 |
0.23 |
8.15 per cent GS 2026 |
7000 |
3500 |
3500 |
7000 |
0.29 |
8.24 per cent GS 2033 |
3000 |
1500 |
1500 |
3000 |
0.50 |
8.17 per cent GS 2044 |
3000 |
1500 |
1500 |
3000 |
0.48 |
Auction for the sale of securities will be held on April 10, 2015. |
Ajit Prasad
Assistant General Manager
Press Release : 2014-2015/2129
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