This is a press release from the Reserve Bank of India, dated December 05, 2025, regarding the results of an underwriting auction conducted on December 05, 2025, for Additional Competitive Underwriting (ACU) of Government security. The cut-off rates for underwriting commission payable to Primary Dealers have been set. For the 6.48% GS 2035 security, the notified amount is ₹32,000 crore, the Minimum Underwriting Commitment (MUC) amount is ₹16,002 crore, the Additional Competitive Underwriting Amount Accepted is ₹15,998 crore, the Total Amount underwritten is ₹32,000 crore, and the ACU Commission Cut-off rate is 0.36 Paise per ₹100. The auction for the sale of security will be held on December 05, 2025.
Contact is Ajit Prasad, Deputy General Manager (Communications). The press release number is 2025-2026/1636. The Department of Communication, Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. The phone number is 022 - 2266 0502. Website: www.rbi.org.in/hindi, Website: www.rbi.org.in, email : helpdoc@rbi.org.in.
Key Entities Referenced
Reserve Bank of India: Sets cut-off rates for underwriting commission payable to primary dealers.
Additional Competitive Underwriting (ACU): Mechanism used in the underwriting auction of government security.
6.48% GS 2035: Government security auctioned, specifying its coupon rate and maturity year.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
December 05, 2025
Result of Underwriting Auction conducted on December 05, 2025
In the underwriting auction conducted on December 05, 2025, for Additional
Competitive Underwriting (ACU) of the undernoted Government security, the Reserve
Bank of India has set the cut-off rates for underwriting commission payable to Primary
Dealers as given below:
Minimum Additional
ACU
Underwriting Competitive Total
Commission
Nomenclature Notified Commitment Underwriting Amount
Cut-off rate
of the Security Amount (MUC) Amount underwritten
(Paise per
(₹crore) Amount Accepted (₹crore)
₹10 0)
(₹crore) (₹crore)
6.48% GS 2035 32,000 16,002 15,998 32,000 0.36
Auction for the sale of security will be held on December 05, 2025.
Ajit Prasad
Press Release: 2025-2026/1636 Deputy General Manager
(Communications)