MUMBAI, India, April 25 -- Reserve Bank of India issued the following press release:
In the underwriting auction conducted on April 25, 2025, 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:
Nomenclature of the Security Notified Amount
(₹ crore) Minimum Underwriting Commitment (MUC) Amount
(₹ crore) Additional Competitive Underwriting Amount Accepted
(₹ crore) Total Amount underwritten
(₹ crore) ACU Commission Cut-off rate
(paise per ₹100) 6.75% GS 2029 15,000 7,518 7,482 15,000 0.06 7.09% GS 2054 12,000 6,006 5,994 12,000 0.15 Auction for the sa...