On November 06, 2025, the Reserve Bank of India released a press release announcing an underwriting auction for the sale (re-issue) of Government Security for ₹32,000 crore on November 07, 2025 (Friday). The auction will be conducted through a multiple price-based method. Primary Dealers (PDs) may submit 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. As per the 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 follows: for the security 6.48% GS 2035 the notified amount is 32,000 crore, the 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. The press release number is 2025-2026/1454. Contact Ajit Prasad, Deputy General Manager (Communications) for more information. The website is www.rbi.org.in and the email is helpdoc@rbi.org.in. The phone number is 022 - 2266 0502.
Key Entities Referenced
Reserve Bank of India: The central bank of India, conducting the underwriting auction.
Government Security: The security being auctioned, specifically for ₹32,000 crore.
Primary Dealer (PD): Entities eligible to participate in the auction under MUC and ACU.
Mumbai: Location of the Department of Communication, Central Office.
e-Kuber: Reserve Bank of India Core Banking Solution used 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
November 06, 2025
Underwriting Auction for sale of Government Security for ₹32,000 crore
on November 07, 2025
Government of India has announced the sale (re-issue) of Government Security, as
detailed below, through auction to be held on November 07, 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
6.48% GS 2035 32,000 762 762
The underwriting auction will be conducted through multiple price-based method on
November 07, 2025 (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: 2025-2026/1454 Deputy General Manager
(Communications)