On January 30, 2026, the Reserve Bank of India (RBI) conducted an 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 6.48% GS 2035 security, with a notified amount of ₹32,000 crore, a minimum underwriting commitment (MUC) amount of ₹16,002 crore, an additional competitive underwriting amount accepted of ₹15,998 crore, and a total amount underwritten of ₹32,000 crore. The ACU commission cut-off rate is 0.75 paise per ₹100. The auction for the sale of security will be held on January 30, 2026. Ajit Prasad, Deputy General Manager (Communications), can be contacted for more information. Press Release: 2025-2026/2012.
Key Entities Referenced
Reserve Bank of India: Central bank responsible for conducting the underwriting auction.
Underwriting Auction: Auction to determine the cut-off rates for underwriting commission.
6.48% GS 2035: Government security being underwritten in the auction.
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)