OREANDA-NEWS. August 17, 2011. In the auctions of the securities conducted on August 17, 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)

8.07% GS 2017

3000

1512

1488

3000

0.30

8.08% GS 2022

4000

2016

1984

4000

0.26

8.28% GS 2032

3000

1512

1488

3000

0.41

Auction for the sale of securities will be held on August 18, 2011.