On October 9, 2025, the Reserve Bank of India issued a press release announcing an underwriting auction for the sale of Government Securities for ₹28,000 crore on October 10, 2025. The auction, using a multiple price-based method, will be held on October 10, 2025 (Friday). Primary Dealers (PDs) can submit bids for the ACU auction electronically through the Core Banking Solution (E-Kuber) System between 09:00 A.M. and 09:30 A.M. on the day of the underwriting auction.
The Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD) are as follows:
* 6.68% GS 2040: Notified Amount 16,000, MUC amount per PD is 381, minimum bidding commitment per PD under ACU auction is 381
* 6.90% GS 2065: Notified Amount 12,000, MUC amount per PD is 286, minimum bidding commitment per PD under ACU auction is 286
The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of securities. For further information, contact Ajit Prasad, Deputy General Manager (Communications). The press release number is 2025-2026/1282. The RBI website is www.rbi.org.in and the email is helpdoc@rbi.org.in. The phone number is 022-2266 0502.
Key Entities Referenced
Reserve Bank of India: Central bank responsible for conducting the underwriting auction
Government Securities: Securities being sold through the underwriting auction
Underwriting Auction: Auction for sale of Government Securities
Primary Dealer (PD): Entities eligible to participate in the underwriting auction
E-Kuber: Core Banking Solution used for submitting bids in the ACU 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
October 09, 2025
Underwriting Auction for sale of Government Securities for ₹28,000 crore
on October 10, 2025
Government of India has announced the sale (re-issue) of Government Securities, as
detailed below, through auctions to be held on October 10, 2025 (Friday).
As per the extant scheme of underwriting commitment notified on November 14, 2007,
the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding
commitment under Additional Competitive Underwriting (ACU) auction, applicable to each
Primary Dealer (PD), are as under:
(₹ crore)
Minimum bidding
Notified MUC amount per
Security commitment per PD
Amount PD
under ACU auction
6.68% GS 2040 16,000 381 381
6.90% GS 2065 12,000 286 286
The underwriting auction will be conducted through multiple price-based method on
October 10, 2025 (Friday). PDs may submit their bids for ACU auction electronically
through Core Banking Solution (E-Kuber) System between 09:00 A.M. and 09:30 A.M.
on the day of underwriting auction.
The underwriting commission will be credited to the current account of the respective
PDs with RBI on the day of issue of securities.
Ajit Prasad
Press Release: 2025-2026/1282 Deputy General Manager
(Communications)