OREANDA-NEWS. July 14, 2011. In the auctions of the securities conducted on July 14, 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:

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

0.32

7.80% GS 2021

6000

3003

2997

6000

0.32

8.30% GS 2040

3000

1512

1488

3000

0.51

Auction for the sale of securities will be held on July 15, 2011.