OREANDA-NEWS. December 29, 2011. In the auctions conducted on December 29, 2011 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)

7.99% GS 2017

3000

1512

1488

3000

2.80

9.15% GS 2024

6000

3003

2997

6000

0.99

8.28% GS 2027

3000

1512

1488

3000

2.95

8.83% GS 2041

3000

1512

1488

3000

1.97

Auction for the sale of securities will be held on December 30, 2011.