On October 17, 2025, the Reserve Bank of India announced the results of the 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 the 6.01% GS 2030, the notified amount is ₹18,000 crore, the Minimum Underwriting Commitment (MUC) amount is ₹9,009 crore, the Additional Competitive Underwriting Amount Accepted is ₹8,991 crore, the total amount underwritten is ₹18,000 crore, and the ACU Commission Cut-off rate is 0.13 (Paise per ₹100).
For the 7.09% GS 2074, the notified amount is ₹12,000 crore, the Minimum Underwriting Commitment (MUC) amount is ₹6,006 crore, the Additional Competitive Underwriting Amount Accepted is ₹5,994 crore, the total amount underwritten is ₹12,000 crore, and the ACU Commission Cut-off rate is 0.21 (Paise per ₹100).
An auction for the sale of securities will be held on October 17, 2025.
The Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 can be contacted at Phone: 022 - 2266 0502. The website is www.rbi.org.in and the email is helpdoc@rbi.org.in. The press release number is 2025-2026/1334. Ajit Prasad, Deputy General Manager (Communications) is the contact person.
Key Entities Referenced
Reserve Bank of India: Central bank, conducting underwriting auction
Government securities: Securities being underwritten in the auction
Additional Competitive Underwriting (ACU): The type of underwriting being auctioned
Primary Dealers: Entities to whom underwriting commission is payable
Mumbai: Location of the Department of Communication, 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
October 17, 2025
Result of Underwriting Auction conducted on October 17, 2025
In the underwriting auction conducted on October 17, 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
Underwriting Competitive Total
Commission
Nomenclature Notified Commitment Underwriting Amount
Cut-off rate
of the Security Amount (MUC) Amount underwritten
(Paise per
(₹ crore) Amount Accepted (₹ crore)
₹10 0)
(₹ crore) (₹ crore)
6.01% GS 2030 18,000 9,009 8,991 18,000 0.13
7.09% GS 2074 12,000 6,006 5,994 12,000 0.21
Auction for the sale of securities will be held on October 17, 2025.
Ajit Prasad
Press Release: 2025-2026/1334 Deputy General Manager
(Communications)