Underwriting Auction for sale of Government Security
RBI press-release 2026-2027/591 · 02 Jul 2026
Official title
Underwriting Auction for sale of Government Security for ₹34,000 crore on July 03, 2026
RBI press-release 2026-2027/591 · 02 Jul 2026
Official title
Underwriting Auction for sale of Government Security for ₹34,000 crore on July 03, 2026
Summary
Check the official recordThe Reserve Bank of India conducts an underwriting auction for the sale of Government Security. The security is 6.94% GS 2036 with a notified amount of 34,000 crore. Primary Dealers must participate in the auction. The auction uses a multiple price-based method. Primary Dealers submit bids electronically through the e-Kuber system. The submission window is between 09:00 A.M. and 09:30 A.M. on July 03, 2026. The Reserve Bank of India credits the underwriting commission to the current account of the Primary Dealers on the issue date of the security.
What you must do
Key dates
Who is affected
Thresholds
If you do not comply
July 02, 2026
Underwriting Auction for sale of Government Security for ₹34,000 crore on July 03, 2026
Government of India has announced the sale (re-issue) of Government Security, as detailed below, through auction to be held on July 03, 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 6.94% GS 2036 34,000 810 810
The underwriting auction will be conducted through multiple price-based method on July 03, 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 security.
Ajit Prasad Press Release: 2026-2027/591 Deputy General Manager (Communications)
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ǐरज़वर् बैंक
RESERVE BANK OF INDIA
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