This press release, dated December 19, 2025, announces the results of the underwriting auction conducted on the same day for Additional Competitive Underwriting (ACU) of government securities by the Reserve Bank of India. It details the cut-off rates for underwriting commission payable to Primary Dealers.
Here's a breakdown of the results:
* **6.01% GS 2030:** Notified Amount: ₹18,000 crore, Minimum Underwriting Commitment (MUC): ₹9,009 crore, Additional Competitive Underwriting Amount Accepted: ₹8,991 crore, Total Amount Underwritten: ₹18,000 crore, ACU Commission Cut-off Rate: 0.29 Paise per ₹100.
* **7.09% GS 2074:** Notified Amount: ₹12,000 crore, Minimum Underwriting Commitment (MUC): ₹6,006 crore, Additional Competitive Underwriting Amount Accepted: ₹5,994 crore, Total Amount Underwritten: ₹12,000 crore, ACU Commission Cut-off Rate: 1.19 Paise per ₹100.
The auction for the sale of securities will be held on December 19, 2025.
The press release number is 2025-2026/1735.
The Deputy General Manager (Communications) is Ajit Prasad. The Department of Communication is located at Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001, and can be reached by phone at 022 - 2266 0502. The website is www.rbi.org.in and the email is helpdoc@rbi.org.in.
Key Entities Referenced
Reserve Bank of India: Sets cut-off rates for underwriting commission on government securities.
Additional Competitive Underwriting (ACU): The type of underwriting for the government securities being auctioned.
Mumbai: Location of the Reserve Bank of India's central office involved in the press release.
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 19, 2025
Result of Underwriting Auction conducted on December 19, 2025
In the underwriting auction conducted on December 19, 2025, for Additional Competitive
Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set
the cut-off rates for underwriting commission payable to Primary Dealers as given below:
Minimum
Additional ACU
Underwritin
Competitive Commissio
g Total Amount
Nomenclature of Notified Underwriting n Cut-off
Commitmen underwritten
the Security Amount Amount rate
t (MUC) (₹crore)
(₹crore) Accepted (Paise per
Amount
(₹crore) ₹10 0)
(₹crore)
6.01% GS 2030 18,000 9,009 8,991 18,000 0.29
7.09% GS 2074 12,000 6,006 5,994 12,000 1.19
Auction for the sale of securities will be held on December 19, 2025.
Ajit Prasad
Press Release: 2025-2026/1735 Deputy General Manager
(Communications)