On January 29, 2026, the Reserve Bank of India (RBI) announced an underwriting auction for the sale (re-issue) of Government Security worth ₹32,000 crore on January 30, 2026 (Friday). The auction is conducted according to the underwriting commitment scheme notified on November 14, 2007. Primary Dealers (PDs) can submit bids for the Additional Competitive Underwriting (ACU) auction electronically through the e-Kuber system between 09:00 A.M. and 09:30 A.M.
The security is 6.48% GS 2035, with a notified amount of ₹32,000 crore. The Minimum Underwriting Commitment (MUC) amount per PD is ₹762 crore, and the minimum bidding commitment per PD under ACU auction is ₹762 crore.
The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of security. For any queries, contact Ajit Prasad, Deputy General Manager (Communications). The press release number is 2025-2026/2007. RBI's website is www.rbi.org.in, and their email is helpdoc@rbi.org.in. Their phone number is 022 - 2266 0502.
Key Entities Referenced
Reserve Bank of India: Regulator conducting the underwriting auction for government security.
Underwriting Auction: Auction for the sale of Government Security, including details on Minimum Underwriting Commitment (MUC) and Additional Competitive Underwriting (ACU).
Government Security: Security being sold (re-issued) through the underwriting auction.
Primary Dealer (PD): Entities eligible to participate in the underwriting auction.
e-Kuber: The Reserve Bank of India Core Banking Solution (CBS) used for submitting bids for ACU auction.
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 29, 2026
Underwriting Auction for sale of Government Security for ₹32,000 crore
on January 30, 2026
Government of India has announced the sale (re-issue) of Government Security, as
detailed below, through auction to be held on January 30, 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
Security commitment per PD
Amount 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 30, 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: 2025-2026/2007 Deputy General Manager
(Communications)