OREANDA-NEWS. February 10, 2011. In the auctions of the securities conducted on February 10, 2011 for Additional Competitive Underwriting (ACU), the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

(in 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 Rs.100)

7.49% GS 2017

3000

1500

1500

3000

0.49

8.08% GS 2022

4000

2000

2000

4000

0.45

8.26% GS 2027

3000

1500

1500

3000

0.62

Auction for the sale of securities will be held on February 11, 2011.