OREANDA-NEWS. June 30, 2011. In the auctions conducted on June 30, 2011 for "7.83 per cent Government Stock 2018", "7.80 per cent Government Stock 2021", "8.26 per cent Government Stock 2027" and "8.30 per cent Government Stock 2040" for Additional Competitive Underwriting (ACU) of the captioned 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

3000

1512

1488

3000

0.53

7.80 % GS 2021

6000

3003

2997

6000

0.52

8.26 % GS 2027

3000

1512

1488

3000

1.12

8.30 % GS 2040

3000

1512

1488

3000

1.24

Auction for the sale of securities will be held on July 01, 2011.