MUMBAI, India, Feb. 28 -- Reserve Bank of India issued the following press release:
In the underwriting auction conducted on February 28, 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) 6.79% GS 2031 10,000 5,019 4,981 10,000 0.11 6.92% GS 2039 12,000 6,006 5,994 12,000 0.14 7.09% GS 2054 10...