In the underwriting auctions conducted on October 20, 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) | | 7.35% GS 2024 | 3000 | 1512 | 1488 | 3000 | 0.09 | | 7.61% GS 2030 | 7000 | 3507 | 3493 | 7000 | 0.12 | | 7.50% GS 2034 | 2000 | 1008 | 992 | 2000 | 0.24 | | 7.06% GS 2046 | 3000 | 1512 | 1488 | 3000 | 0.34 | | Auction for the sale of securities will be held on October 21, 2016. | Ajit Prasad
Assistant Adviser Press Release : 2016-2017/976 | |