On January 09, 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 6.68% GS 2040, the notified amount is ₹16,000 crore, the minimum underwriting commitment amount is ₹8,001 crore, the additional competitive underwriting amount accepted is ₹7,999 crore, the total amount underwritten is ₹16,000 crore and the ACU commission cut-off rate is 0.94 paise per ₹100.
For 6.90% GS 2065, the notified amount is ₹13,000 crore, the minimum underwriting commitment 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 1.07 paise per ₹100.
The auction for the sale of securities will be held on January 09, 2026. The press release number is 2025-2026/1887. For communications, contact Ajit Prasad, Deputy General Manager.
Key Entities Referenced
Reserve Bank of India: Sets cut-off rates for underwriting commission on government securities.
Additional Competitive Underwriting (ACU): Auction for underwriting government securities
Mumbai: Location of the Reserve Bank of India's central office issuing 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
January 09, 2026
Result of Underwriting Auction conducted on January 09, 2026
In the underwriting auction conducted on January 09, 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)
6.68% GS 2040 16,000 8,001 7,999 16,000 0.94
6.90% GS 2065 13,000 6,510 6,490 13,000 1.07
Auction for the sale of securities will be held on January 09, 2026.
Ajit Prasad
Press Release: 2025-2026/1887 Deputy General Manager
(Communications)