On February 13, 2026, the Reserve Bank of India conducted an underwriting auction for Additional Competitive Underwriting (ACU) of government securities. The cut-off rates for underwriting commission payable to Primary Dealers have been set. For New GS 2031, the notified amount is ₹18,000 crore, the Minimum Underwriting Commitment (MUC) amount is ₹9,009 crore, the Additional Competitive Underwriting Amount Accepted is ₹8,991 crore, the total amount underwritten is ₹18,000 crore, and the ACU Commission Cut-off rate is 0.39 paise per ₹100. For 7.43% GS 2076, the notified amount is ₹13,000 crore, the MUC amount is ₹6,510 crore, the Additional Competitive Underwriting Amount Accepted is ₹6,490 crore, the total amount underwritten is ₹13,000 crore, and the ACU Commission Cut-off rate is 1.40 paise per ₹100. The auction for the sale of securities will be held on February 13, 2026. The Department of Communication is located at Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 and can be contacted at 022 - 2266 0502. The press release number is 2025-2026/2104. Ajit Prasad, Deputy General Manager (Communications) is the contact person. The website is www.rbi.org.in and email is helpdoc@rbi.org.in.
Key Entities Referenced
Reserve Bank of India: The central bank of India, which conducted the underwriting auction.
Additional Competitive Underwriting (ACU): Scheme for underwriting government securities.
Mumbai: Location of the Reserve Bank of India's Communication Department.
Primary Dealers: Entities eligible for underwriting commission.
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
February 13, 2026
Result of Underwriting Auction conducted on February 13, 2026
In the underwriting auction conducted on February 13, 2026, 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
Underwriting Competitive
Total Amount Commission
Nomenclature of Notified Commitment Underwriting
underwritten Cut-off rate
the Security Amount (MUC) Amount
(₹crore) (Paise per
(₹crore) Amount Accepted
₹10 0)
(₹crore) (₹crore)
New GS 2031 18,000 9,009 8,991 18,000 0.39
7.43% GS 2076 13,000 6,510 6,490 13,000 1.40
Auction for the sale of securities will be held on February 13, 2026.
Ajit Prasad
Press Release: 2025-2026/2104 Deputy General Manager
(Communications)