Underwriting Auction for sale of Government Security for ₹34,000 crore on August 28, 2026
Government of India has announced the sale (re-issue) of Government Security, as detailed below, through auction to be held on August 28, 2026 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each…
On August 28, 2026, the Government of India is set to conduct an underwriting auction for the sale of a ₹34,000 crore government security. This re-issue will be facilitated through an auction held on a Friday. Under the existing scheme of underwriting commitment, notified on November 14, 2007, each Primary Dealer (PD) must commit a Minimum Underwriting Commitment (MUC) of ₹810 crore and a minimum bidding commitment of ₹810 crore under the Additional Competitive Underwriting (ACU) auction for this particular security, namely 6.94% Government Security (GS) 2036.
The underwriting auction will be carried out using a multiple price-based method. Primary Dealers (PDs) are required to electronically submit their bids for the ACU auction via the Reserve Bank of India's Core Banking Solution (e-Kuber system) between 9:00 AM and 9:30 AM on the day of the underwriting auction. The underwriting commission will be directly credited to the PDs' current account with the Reserve Bank of India on the day the security is issued.
Written by urgent.news from Reserve Bank of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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