OREANDA-NEWS. December 1, 2011. In the auctions conducted on December 1, 2011 for Additional Competitive Underwriting (ACU) of the following 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)

7.83% GS 2018

4000

2016

1984

4000

0.90

8.79% GS 2021

6000

3003

2997

6000

0.99

New 19 Yr GS 2030

3000

1512

1488

3000

1.12

Auction for the sale of securities will be held on December 2, 2011.