{
  "id": 3680221,
  "title": "Underwriting Auction for sale of Government Security for ₹34,000 crore on August 28, 2026",
  "url": "https://urgent.news/2026/08/27/underwriting-auction-for-sale-of-government-security-for-34-000-crore",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T06:16:16.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63448"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Reserve Bank of India",
        "title": "RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 24, 2026",
        "url": "https://urgent.news/2026/08/24/rbi-to-conduct-overnight-variable-rate-reverse-repo-vrrr-auction",
        "published": "2026-08-24T05:26:17.000Z"
      }
    ]
  },
  "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."
}