In the underwriting auctions conducted on April 12, 2018 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) | NI GS 2023 | 3,000 | 1512 | 1488 | 3,000 | 0.74 | 6.68% GS 2031 | 4,000 | 2016 | 1984 | 4,000 | 3.24 | 7.73% GS 2034 | 2,000 | 1008 | 992 | 2,000 | 4.67 | 7.06% GS 2046 | 3,000 | 1512 | 1488 | 3,000 | 4.67 | Auction for the sale of securities will be held on April 13, 2018. | Ajit Prasad Assistant Adviser Press Release : 2017-2018/2713 | |