In the auctions conducted on January 30, 2014 for Additional Competitive Underwriting (ACU) of the captioned 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) |
7.28 per cent GS 2019 | 3000 | 1500 | 1500 | 3000 | 4.00 |
8.24 per cent GS 2027 | 6000 | 3000 | 3000 | 6000 | 6.95 |
9.20 per cent GS 2030 | 2000 | 1000 | 1000 | 2000 | 11.00 |
8.30 per cent GS 2042 | 3000 | 1500 | 1500 | 3000 | 15.00 |
Auction for the sale of securities will be held on January 31, 2014.
Ajit Prasad
Assistant General Manager
Press Release: 2013-2014/1532
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