OREANDA-NEWS. April 02, 2012. In the auctions conducted on April 02, 2012 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:

(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)

8.19% GS 2020

4000

2016

1984

4000

8.80

9.15% GS 2024

8000

4011

3989

8000

7.00

8.97% GS 2030

3000

1512

1488

3000

14.75

8.83% GS 2041

3000

1512

1488

3000

13.97

Auction for the sale of securities will be held on April 03, 2012.