In the auctions conducted on January 2, 2014 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:

(`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)

8.12 per cent GS 2020

4000

2000

2000

4000

1.48

8.24 per cent GS 2027

7000

3500

3500

7000

2.77

9.20 per cent GS 2030

2000

1000

1000

2000

2.74

8.30 per cent GS 2042

2000

1000

1000

2000

2.87

       Auction for the sale of securities will be held on January 3, 2014.

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/1335



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