In the auctions conducted on January 30, 2014 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)

7.28 per cent GS 2019

3000

1500

1500

3000

4.00

8.24 per cent GS 2027

6000

3000

3000

6000

6.95

9.20 per cent GS 2030

2000

1000

1000

2000

11.00

8.30 per cent GS 2042

3000

1500

1500

3000

15.00

            Auction for the sale of securities will be held on January 31, 2014.

Ajit Prasad
Assistant General Manager

Press Release: 2013-2014/1532



distributed by