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Dec 29, 2011, 03.10 PM IST
Results of Underwriting Auctions
In the auctions conducted on December 29, 2011 for Additional Competitive Underwriting (ACU) of the undernoted 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
Minimum Underwriting Commitment (MUC) Amount
Additional Competitive Underwriting Amount Accepted
Total Amount underwritten
ACU Commission Cut-off rate (paise per ` 100)
7.99% GS 2017
3000
1512
1488
2.80
9.15% GS 2024
6000
3003
2997
0.99
8.28% GS 2027
2.95
8.83% GS 2041
1.97
Subhash Desai Assistant Manager
Press Release : 2011-2012/1029
