In the underwriting auctions conducted on November 16, 2017 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) | | GoI FRB 2024 | 3,000 | 1512 | 1488 | 3,000 | 0.18 | | 6.79% GS 2027 | 8,000 | 4011 | 3989 | 8,000 | 0.54 | | 7.73% GS 2034 | 2,000 | 1008 | 992 | 2,000 | 1.34 | | 7.72% GS 2055 | 2,000 | 1008 | 992 | 2,000 | 1.94 | | Auction for the sale of securities will be held on November 17, 2017. | Ajit Prasad
Assistant Adviser Press Release : 2017-2018/1355 | |