In the underwriting auctions conducted on January 29, 2015 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)
8.27 per cent GS 2020 3000 1500 1500 3000 0.17
8.40 per cent GS 2024 5000 2500 2500 5000 0.17
8.24 per cent GS 2033 2000 1000 1000 2000 0.24
8.17 per cent GS 2044 3000 1500 1500 3000 0.34
Auction for the sale of securities will be held on January 30, 2015.

Ajit Prasad
Assistant General Manager

Press Release : 2014-2015/1592



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