In the underwriting auctions conducted on May 31, 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 |
3,000 |
1512 |
1488 |
3,000 |
0.07 |
7.27% GS 2026 |
3,000 |
1512 |
1488 |
3,000 |
0.06 |
GoI FRB 2031 |
5,000 |
2520 |
2480 |
5,000 |
0.13 |
7.62% GS 2039 |
2,000 |
1008 |
992 |
2,000 |
0.37 |
7.63% GS 2059 |
4,000 |
2016 |
1984 |
4,000 |
0.37 |
Auction for the sale of securities will be held on May 31, 2019. |
Ajit Prasad
Assistant Adviser
Press Release : 2018-2019/2817
|
from PRESS RELEASES FROM RBI http://bit.ly/2MlsHsF
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