The Government of India has announced an underwriting auction for the sale (re-issue) of government securities worth ?28,000 crore on September 12, 2025.

According to the notification, the auction will cover two securities — Rs 15,000 crore of 6.01% GS 2030 and Rs 13,000 crore of 7.24% GS 2055. Under the current underwriting scheme notified on November 14, 2007, each Primary Dealer (PD) will have a Minimum Underwriting Commitment (MUC) of Rs 358 crore and Rs 310 crore, respectively, for the two securities. The minimum bidding commitment under the Additional Competitive Underwriting (ACU) auction will also be the same.

The auction will be conducted via a multiple-price method. PDs can submit their ACU bids electronically through the Core Banking Solution (E-Kuber) system between 9:00 a.m. and 9:30 a.m. on the day of the auction. The underwriting commission will be credited to the current account of the respective PDs with the RBI on the day of the issue of securities.