OREANDA-NEWS. July 28, 2011. In the auctions of the securities conducted on July 28, 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:            (X 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 X 100)

7.83% GS 2018

3000

1512

1488

3000

0.57

7.80% GS 2021

6000

3003

2997

6000

0.48

8.30% GS 2040

3000

1512

1488

3000

0.90

Auction for the sale of securities will be held on July 29, 2011.