On January 30, 2026, the Reserve Bank of India announced the results of the underwriting auction for Additional Competitive Underwriting (ACU) of Government security.
The cut-off rates for underwriting commission payable to Primary Dealers have been set for the following security:
* **Security:** 6.48% GS 2035
* **Notified Amount:** ₹ 32,000 crore
* **Minimum Underwriting Commitment (MUC) Amount:** ₹ 16,002 crore
* **Additional Competitive Underwriting Amount Accepted:** ₹ 15,998 crore
* **Total Amount underwritten:** ₹ 32,000 crore
* **ACU Commission Cut-off rate:** 0.75 Paise per ₹100
The auction for the sale of security will be held on January 30, 2026.
Contact: Ajit Prasad, Deputy General Manager (Communications). Press Release: 2025-2026/2012
Key Entities Referenced
Reserve Bank of India: Central bank responsible for setting cut-off rates in underwriting auctions.
Additional Competitive Underwriting (ACU): Scheme for underwriting government security.
Mumbai: Location of the Department of Communication, Reserve Bank of India
6.48% GS 2035: Government security being auctioned.
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 30, 2026
Result of Underwriting Auction conducted on January 30, 2026
In the underwriting auction conducted on January 30, 2026, 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
Underwritin
Competitive Commissio
Notified g Total Amount
Nomenclature of Underwriting n Cut-off
Amount Commitmen underwritten
the Security Amount rate
(₹ t (MUC) (₹ crore)
Accepted (Paise per
crore) Amount
(₹ crore) ₹10 0)
(₹ crore)
6.48% GS 2035 32,000 16,002 15,998 32,000 0.75
Auction for the sale of security will be held on January 30, 2026.
Ajit Prasad
Press Release: 2025-2026/2012 Deputy General Manager
(Communications)