On January 9, 2026, the Government of India will sell (re-issue) Government Securities through an underwriting auction for ₹29,000 crore. The auction will be conducted through a multiple price-based method. Primary Dealers (PDs) can submit bids for the ACU auction electronically through the Reserve Bank of India Core Banking Solution (e-Kuber system) between 09:00 A.M. and 09:30 A.M. on January 9, 2026. As per the scheme notified on November 14, 2007, amounts for 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 - 381, Minimum bidding commitment per PD under ACU auction - 381 (₹ crore)
* 6.90% GS 2065: Notified Amount - 13,000, MUC amount per PD - 310, Minimum bidding commitment per PD under ACU auction - 310 (₹ crore)
The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of securities.
Contact: Ajit Prasad, Deputy General Manager (Communications). Phone: 022 - 2266 0502. Website: www.rbi.org.in. Email: helpdoc@rbi.org.in. Press Release: 2025-2026/1881. Address: Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001.
Key Entities Referenced
Reserve Bank of India: Central bank responsible for conducting the underwriting auction of government securities.
Government Securities: Subject of the underwriting auction.
Underwriting Auction: Auction for sale of government securities.
Primary Dealer (PD): Entities eligible to participate in the auction with minimum underwriting commitments.
e-Kuber: Reserve Bank of India Core Banking Solution for submitting bids.
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 08, 2026
Underwriting Auction for sale of Government Securities for ₹29,000 crore
on January 09, 2026
Government of India has announced the sale (re-issue) of Government Securities, as
detailed below, through auction to be held on January 09, 2026 (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
Securities commitment per PD
Amount PD
under ACU auction
6.68% GS 2040 16,000 381 381
6.90% GS 2065 13,000 310 310
The underwriting auction will be conducted through multiple price-based method on
January 09, 2026 (Friday). PDs may submit their bids for ACU auction electronically
through the Reserve Bank of India 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: 2025-2026/1881 Deputy General Manager
(Communications)