OREANDA-NEWS. October 5, 2011. In the auctions conducted on October 5, 2011 for Additional Competitive Underwriting (ACU) of the 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)

8.07% GS 2017

3000

1512

1488

3000

1.97

8.08% GS 2022

6000

3003

2997

6000

1.90

8.28% GS 2027

3000

1512

1488

3000

3.50

8.30% GS 2040

3000

1512

1488

3000

3.97

Auction for the sale of securities will be held on October 7, 2011.