Underwriting Auction for sale of Government Securities
RBI press-release 2026-2027/737 · 23 Jul 2026
Official title
Underwriting Auction for sale of Government Securities for ₹28,000 crore on July 24, 2026
RBI press-release 2026-2027/737 · 23 Jul 2026
Official title
Underwriting Auction for sale of Government Securities for ₹28,000 crore on July 24, 2026
Summary
Check the official recordThe Reserve Bank of India has announced an underwriting auction for the sale of Government Securities totaling ₹28,000 crore, scheduled for July 24, 2026. The auction involves two securities: New GS 2041 and 7.43% GS 2076. Primary Dealers (PDs) are required to fulfill Minimum Underwriting Commitment (MUC) and Additional Competitive Underwriting (ACU) bidding obligations. Bids must be submitted electronically via the RBI's e-Kuber system between 09:00 A.M. and 09:30 A.M. on the day of the auction. Underwriting commissions will be credited to the current accounts of the respective PDs on the security issue date.
What you must do
Key dates
Who is affected
Thresholds
If you do not comply
July 23, 2026
Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auction to be held on July 24, 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 Primary Dealer (PD), are as under:
(₹ crore)
| Security | Notified Amount | MUC amount per PD | Minimum bidding commitment per PD under ACU auction |
|---|---|---|---|
| New GS 2041 | 17,000 | 405 | 405 |
| 7.43% GS 2076 | 11,000 | 262 | 262 |
The underwriting auction will be conducted through multiple price-based method on July 24, 2026 (Friday). PDs may submit their bids for ACU auction electronically through Reserve Bank of India Core Banking Solution (e-Kuber system) between 09:00 A.M. and 09:30 A.M. on the day of underwriting auction.
The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of securities.
Ajit Prasad Press Release: 2026-2027/737 Deputy General Manager (Communications)
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय įरज़वर् बैंक RESERVE BANK OF INDIA
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