In the underwriting auctions conducted on January 12, 2024 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) | 7.37% GS 2028 | 7,000 | 3,507 | 3,493 | 7,000 | 0.08 | 7.18% GS 2033 | 16,000 | 8,001 | 7,999 | 16,000 | 0.11 | 7.30% GS 2053 | 10,000 | 5,019 | 4,981 | 10,000 | 0.17 | Auction for the sale of securities will be held on January 12, 2024. | Ajit Prasad Director (Communications) Press Release: 2023-2024/1660 | |