{
  "id": 2084445,
  "title": "Underwriting Auction for sale of Government Securities for ₹28,000 crore on August 21, 2026",
  "url": "https://urgent.news/2026/08/20/underwriting-auction-for-sale-of-government-securities-for-28-000",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T06:24:50.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63408"
  },
  "original_language": "en",
  "account": "The Reserve Bank of India has announced the underwriting auction for the issuance of government securities amounting to ₹28,000 crore, set to take place on August 21, 2026. In accordance with the existing scheme of underwriting commitments, notified on November 14, 2007, Primary Dealers (PDs) are required to meet a Minimum Underwriting Commitment (MUC) and a minimum bidding commitment under the Additional Competitive Underwriting (ACU) auction. For each security, the MUC and minimum bidding commitment per PD are as follows: 7.06% Government Securities 2021 is ₹17,000 crore with a minimum bid of ₹405 crore, while 7.43% Government Securities 2076 requires a MUC of ₹11,000 crore and a minimum bid of ₹262 crore. The underwriting auction will be conducted through a multiple price-based method, and PDs have the opportunity to submit their bids electronically via the Reserve Bank of India's Core Banking Solution (e-Kuber system) between 09:00 AM and 09:30 AM on the day of the auction. The underwriting commission will be credited to the PDs' current accounts with the RBI on the day the securities are issued.",
  "summary": "Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auction to be held on August 21, 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 ₹28,000 crore underwriting auction on August 21, 2026",
    "Primary Dealers must meet Minimum Underwriting Commitment (MUC) and minimum bidding commitment",
    "Auction uses multiple price-based method with electronic bidding through e-Kuber system"
  ],
  "editors_take": "The underwriting auction for government securities signals the RBI's move to manage its borrowing programme, requiring Primary Dealers to meet specific underwriting commitments to facilitate the sale.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}