**Summary:**
On September 12, 2025, the Reserve Bank of India (RBI) will conduct an underwriting auction for the sale/reissue of Government of India Securities totaling ₹28,000 crore. This auction is in accordance with the underwriting commitment scheme notified on November 14, 2007. The securities being auctioned are: 6.01 GS 2030 for ₹15,000 crore and 7.24 GS 2055 for ₹13,000 crore. Each Primary Dealer (PD) has a Minimum Underwriting Commitment (MUC) and a minimum bidding commitment under the Additional Competitive Underwriting (ACU) auction. For the 6.01 GS 2030 security, the MUC amount per PD is ₹358 crore, and the commitment under the ACU auction is ₹358 crore. For the 7.24 GS 2055 security, the MUC amount per PD is ₹310 crore, and the commitment under the ACU auction is ₹310 crore. The underwriting auction will utilize a multiple price-based method. Primary Dealers can submit bids for the ACU auction electronically through the e-Kuber system between 09:00 A.M. and 09:30 A.M. on September 12, 2025. Underwriting commissions will be credited to the PDs' current accounts with RBI on the day the securities are issued. Contact information for the Department of Communication, Central Office is available via email at helpdoc@rbi.org.in or by phone at 022-2266-0502. The press release number is 2025-2026/1080.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Government Securities: Debt instruments issued by the Government of India to finance its fiscal deficit.
September 12, 2025: The date of the auction for the sale of Government Securities.
Primary Dealer: Financial institutions authorized by the Reserve Bank of India to underwrite and trade in government securities.
Minimum Underwriting Commitment: The minimum amount of government securities that a primary dealer is required to underwrite.
Additional Competitive Underwriting: An auction process that allows primary dealers to bid for underwriting government securities in addition to their minimum underwriting commitment.
RBI: An abbreviation for the Reserve Bank of India.
Mumbai, Maharashtra: Financial capital of India, location of the Central Office, Department of Communication of RBI
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
September 11, 2025
Underwriting Auction for sale of Government Securities for ₹28,000 crore
on September 12, 2025
Government of India has announced the sale (re-issue) of Government Securities, as
detailed below, through auctions to be held on September 12, 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
6.01% GS 2030 15,000 358 358
7.24% GS 2055 13,000 310 310
The underwriting auction will be conducted through multiple price-based method on
September 12, 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: 2025-2026/1080 Deputy General Manager
(Communications)