{
  "id": 12802135,
  "title": "Underwriting Auction for sale of Government Securities for ₹36,000 crore on October 09, 2026",
  "url": "https://urgent.news/2026/10/08/underwriting-auction-for-sale-of-government-securities-for-36-000",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T06:12:18.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63757"
  },
  "original_language": "en",
  "account": "The Reserve Bank of India announced an underwriting auction for the sale of Government Securities in the amount of ₹36,000 crore on October 9, 2026. The sale, known as a re-issue, will be conducted through a multiple price-based method on the specified date. The Minimum Underwriting Commitment (MUC) and minimum bidding commitment under the Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD), are outlined in the announcement. For the 7.06% GS 2041, the MUC is ₹548 crore, while for the 7.43% GS 2076, it is ₹310 crore. PDs have until 9:30 AM on the day of the auction to electronically submit their bids via the Reserve Bank of India’s Core Banking Solution (e-Kuber system). The underwriting commission will be credited to PDs' current accounts with the RBI on the day of security issuance.",
  "summary": "Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auction to be held on October 09, 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…",
  "key_points": [
    "Reserve Bank of India announces ₹36,000 crore government securities auction on October 9, 2026.",
    "Multiple price-based method used for sale, known as re-issue.",
    "Minimum Underwriting Commitment varies: ₹548 crore for 7.06% GS 2041, ₹310 crore for 7.43% GS 2076."
  ],
  "editors_take": "This auction signals the RBI's move to manage government securities sales through primary dealers, with specific underwriting commitments and commission structures set to govern the process.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Reserve Bank of India",
        "title": "Result of the 29-day Variable Rate Reverse Repo (VRRR) auction held on October 08, 2026",
        "url": "https://urgent.news/2026/10/08/result-of-the-29-day-variable-rate-reverse-repo-vrrr-auction-held-on",
        "published": "2026-10-08T04:52:18.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}