In the underwriting auctions conducted on March 01, 2019 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) |
7.00% GS 2021 |
2,000 |
1008 |
992 |
2,000 |
0.12 |
8.24% GS 2027 |
2,000 |
1008 |
992 |
2,000 |
1.44 |
7.95% GS 2032 |
3,000 |
1512 |
1488 |
3,000 |
2.27 |
7.40% GS 2035 |
2,000 |
1008 |
992 |
2,000 |
4.27 |
7.06% GS 2046 |
3,000 |
1512 |
1488 |
3,000 |
6.00 |
Auction for the sale of securities will be held on March 01, 2019. |
Ajit Prasad Assistant Adviser
Press Release : 2018-2019/2071
|
from PRESS RELEASES FROM RBI https://ift.tt/2GTs31T
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