MUMBAI, India, Feb. 14 -- Reserve Bank of India issued the following press release:
In the underwriting auction conducted on February 14, 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) 6.64% GS 2027 7,000 3,507 3,493 7,000 0.07 6.79% GS 2034 22,000 11,004 10,996 22,000 0.11 7.09% GS 2074 10...