On January 01, 2026, the Reserve Bank of India released a press statement announcing an underwriting auction for the sale (re-issue) of Government Security worth ₹32,000 crore on January 02, 2026 (Friday). The auction will be conducted through a multiple price-based method. Primary Dealers (PDs) can submit their bids for the Additional Competitive Underwriting (ACU) auction electronically via the Reserve Bank of India Core Banking Solution (e-Kuber system) between 09:00 A.M. and 09:30 A.M. on January 02, 2026.
The Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under ACU auction applicable to each PD are as follows:
Security: 6.48% GS 2035; Notified Amount: 32,000; MUC amount per PD: 762; Minimum bidding commitment per PD under ACU auction: 762.
The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of security.
Contact: Ajit Prasad, Deputy General Manager (Communications).
Press Release: 2025-2026/1822.
Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 फोन / Phone: 022 - 2266 0502.
Website: www.rbi.org.in.
Email: helpdoc@rbi.org.in.
Key Entities Referenced
Underwriting Auction: Auction for the sale of Government Security
Reserve Bank of India (RBI): Conducts the underwriting auction and credits the underwriting commission.
Government Security: Sale of Government Security through auction.
Additional Competitive Underwriting (ACU): Auction applicable to each Primary Dealer (PD)
Mumbai: Location of the Department of Communication, Central Office.
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 01, 2026
Underwriting Auction for sale of Government Security for ₹32,000 crore
on January 02, 2026
Government of India has announced the sale (re-issue) of Government Security, as
detailed below, through auction to be held on January 02, 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
Security commitment per PD
Amount per PD
under ACU auction
6.48% GS 2035 32,000 762 762
The underwriting auction will be conducted through multiple price-based method on
January 02, 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 security.
Ajit Prasad
Press Release: 2025-2026/1822 Deputy General Manager
(Communications)