OREANDA-NEWS. February 15, 2012. In the auctions conducted on February 15, 2012 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 crore 100)

8.24% GS 2018

3000

1512

1488

3000

1.49

8.79% GS 2021

6000

3003

2997

6000

0.55

8.83% GS 2041

3000

1512

1488

3000

1.04

Auction for the sale of securities will be held on February 17, 2012.