The Reserve Bank of India announced an underwriting auction for the sale (re-issue) of Government Securities worth ₹32,000 crore on October 31, 2025 (Friday). The auction will be conducted through a multiple price-based method. Primary Dealers (PDs) can submit bids for the Additional Competitive Underwriting (ACU) auction electronically via the E-Kuber system between 09:00 A.M. and 09:30 A.M.
The Minimum Underwriting Commitment (MUC) and the minimum bidding commitment per PD under the ACU auction are as follows:
* 5.91% GS 2028: Notified Amount - 9,000, MUC amount per PD - 215, Minimum bidding commitment per PD under ACU auction - 215
* 6.28% GS 2032: Notified Amount - 11,000, MUC amount per PD - 262, Minimum bidding commitment per PD under ACU auction - 262
* 7.24% GS 2055: Notified Amount - 7,000, MUC amount per PD - 167, Minimum bidding commitment per PD under ACU auction - 167
* 6.98% GOI SGrB 2054: Notified Amount - 5,000, MUC amount per PD - 120, Minimum bidding commitment per PD under ACU auction - 120
The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of securities. The press release number is 2025-2026/1416. For communication, contact Ajit Prasad, Deputy General Manager. Contact via email at helpdoc@rbi.org.in or via phone at 022 - 2266 0502.
Key Entities Referenced
Government Securities: Government securities being auctioned
Underwriting Auction: Auction for underwriting government securities
Additional Competitive Underwriting (ACU): Type of underwriting auction
Primary Dealer (PD): Entities eligible to participate in the underwriting auction
Mumbai: Location of the Department of Communication, Reserve Bank of India.
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
October 30, 2025
Underwriting Auction for sale of Government Securities for ₹32,000 crore
on October 31, 2025
Government of India has announced the sale (re-issue) of Government Securities, as
detailed below, through auctions to be held on October 31, 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
5.91% GS 2028 9,000 215 215
6.28% GS 2032 11,000 262 262
7.24% GS 2055 7,000 167 167
6.98% GOI SGrB 2054 5,000 120 120
The underwriting auction will be conducted through multiple price-based method on
October 31, 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: 2025-2026/1416 Deputy General Manager
(Communications)