In the underwriting auctions conducted on September 22, 2016 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) | | 6.84% GS 2022 | 2,000 | 1,008 | 992 | 2,000 | 0.04 | | 6.97% GS 2026 | 8,000 | 4,011 | 3,989 | 8,000 | 0.08 | | 7.73% GS 2034 | 2,000 | 1,008 | 992 | 2,000 | 0.21 | | 8.13% GS 2045 | 2,000 | 1,008 | 992 | 2,000 | 0.24 | | Auction for the sale of securities will be held on September 23, 2016. | Ajit Prasad
Assistant Adviser Press Release : 2016-2017/737 | |