On November 21, 2025, the Reserve Bank of India conducted an underwriting auction for Additional Competitive Underwriting (ACU) of government securities and set cut-off rates for underwriting commission payable to Primary Dealers. For the 6.01% GS 2030 security, the notified amount was ₹18,000 crore, the minimum underwriting commitment amount was ₹9,009 crore, the additional competitive underwriting amount accepted was ₹8,991 crore, the total amount underwritten was ₹18,000 crore, and the ACU commission cut-off rate was 0.24 (Paise per ₹100). For the 7.09% GS 2074 security, the notified amount was ₹12,000 crore, the minimum underwriting commitment amount was ₹6,006 crore, the additional competitive underwriting amount accepted was ₹5,994 crore, the total amount underwritten was ₹12,000 crore, and the ACU commission cut-off rate was 1.05 (Paise per ₹100). The auction for the sale of securities will be held on November 21, 2025. The press release number is 2025-2026/1543. Contact Ajit Prasad, Deputy General Manager (Communications). The department of communication can be contacted at Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. Phone: 022 - 2266 0502. Website: www.rbi.org.in. E-mail: helpdoc@rbi.org.in.
Key Entities Referenced
Reserve Bank of India: Central bank responsible for conducting the underwriting auction.
Additional Competitive Underwriting (ACU): Scheme for underwriting Government securities, subject of the auction.
Primary Dealers: Entities eligible to receive underwriting commission based on the auction results.
Mumbai: Location of the Department of Communication, Central Office of the Reserve Bank of India
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
November 21, 2025
Result of Underwriting Auction conducted on November 21, 2025
In the underwriting auction conducted on November 21, 2025, 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
Underwritin
Competitive Commissio
g Total Amount
Nomenclature of Notified Underwriting n Cut-off
Commitmen underwritten
the Security Amount Amount rate
t (MUC) (₹crore)
(₹crore) Accepted (Paise per
Amount
(₹crore) ₹10 0)
(₹crore)
6.01% GS 2030 18,000 9,009 8,991 18,000 0.24
7.09% GS 2074 12,000 6,006 5,994 12,000 1.05
Auction for the sale of securities will be held on November 21, 2025.
Ajit Prasad
Press Release: 2025-2026/1543 Deputy General Manager
(Communications)