Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 10, 2026
Tenor 1-day Notified Amount (in ₹ crore) 6,00,000 Total amount of offers received (in ₹ crore) 3,96,694 Amount accepted (in ₹ crore) 3,96,694 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1085
On Friday, September 11, 2026, the Government of India will hold an underwriting auction for the sale of government securities amounting to ₹32,000 crore. The underwriting auction will be conducted using a multiple price-based method. Each Primary Dealer (PD) will have a Minimum Underwriting Commitment (MUC) and a minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, as per the existing scheme notified on November 14, 2007.
For the 6.20% Government Securities (GS) 2029, the MUC and minimum bidding commitment per PD are ₹262 crore, while for the 6.57% GS 2033 and New GS 2056, the respective MUC and minimum bidding commitment are also ₹262 crore and ₹239 crore. PDs can submit their bids for the ACU auction electronically through the Reserve Bank of India's Core Banking Solution (e-Kuber system) between 09:00 A.M. and 09:30 A.M. on the day of the auction.
The underwriting commission will be credited to the PDs' current accounts with RBI on the day of the issue of securities. Ajit Prasad is the Deputy General Manager responsible for communications.
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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