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The Reserve Bank of India conducts an underwriting auction for the sale of Government Security 6.94% GS 2036. The total notified amount for the sale is 34,000 crore rupees. Primary Dealers must fulfill their Minimum Underwriting Commitment and Additional Competitive Underwriting bidding requirements. Primary Dealers submit bids electronically through the e-Kuber system. The auction occurs on September 25, 2026. The bidding window remains open from 09:00 A.M. to 09:30 A.M. The Reserve Bank of India credits the underwriting commission to the current account of the respective Primary Dealers on the security issue date.
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September 24, 2026
Underwriting Auction for sale of Government Security for ₹34,000 crore on September 25, 2026
Government of India has announced the sale (re-issue) of Government Security, as detailed below, through auction to be held on September 25, 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 September 25, 2026 (Friday). PDs may submit their bids for ACU auction electronically through Reserve Bank of India’s 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
Deputy General Manager
(Communications)
Press Release: 2026-2027/1177
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
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