On January 16, 2026, the Reserve Bank of India conducted an underwriting auction for Additional Competitive Underwriting (ACU) of Government securities. The cut-off rates for the underwriting commission payable to Primary Dealers were set as follows: For 6.01% GS 2030, the notified amount was ₹18,000 crore, with a minimum underwriting commitment (MUC) of ₹9,009 crore, an additional competitive underwriting amount accepted of ₹8,991 crore, a total amount underwritten of ₹18,000 crore, and an ACU commission cut-off rate of 0.60 (Paise per ₹100). For New GS 2076, the notified amount was ₹13,000 crore, with a MUC of ₹6,510 crore, an additional competitive underwriting amount accepted of ₹6,490 crore, a total amount underwritten of ₹13,000 crore, and an ACU commission cut-off rate of 1.15 (Paise per ₹100). The auction for the sale of securities will be held on January 16, 2026.
The press release number is 2025-2026/1930.
Ajit Prasad, Deputy General Manager (Communications) is the contact person.
The Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 can be contacted via phone at 022 - 2266 0502.
The websites are www.rbi.org.in/hindi and www.rbi.org.in, and the email address is helpdoc@rbi.org.in.
Key Entities Referenced
Reserve Bank of India: Central bank of India, conducting the underwriting auction
Underwriting Auction: Auction for Additional Competitive Underwriting (ACU) of Government securities
Government Securities: Securities being auctioned in the underwriting auction
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व ब ैंक
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 16, 2026
Result of Underwriting Auction conducted on January 16, 2026
In the underwriting auction conducted on January 16, 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
₹100)
(₹ crore) (₹ crore)
6.01% GS 2030 18,000 9,009 8,991 18,000 0.60
New GS 2076 13,000 6,510 6,490 13,000 1.15
Auction for the sale of securities will be held on January 16, 2026.
Ajit Prasad
Press Release: 2025-2026/1930 Deputy General Manager
(Communications)