Markets

Market

News Details

(24/12/2025 15:23)

Government Announces Rs 32,000 cr Underwriting Auction for G-Secs on December 26

The Government of India has announced the sale (re-issue) of Government Securities (G-Secs) worth Rs 32,000 crore through an underwriting auction scheduled to be held on December 26, 2025 (Friday).

As per the extant underwriting commitment scheme notified on November 14, 2007, the Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under the Additional Competitive Underwriting (ACU) auction applicable to each Primary Dealer (PD) are as follows:

5.91% GS 2028: Notified amount Rs 9,000 crore; MUC Rs 215 crore; Minimum ACU bid Rs 215 crore

6.28% GS 2032: Notified amount Rs 11,000 crore; MUC Rs 262 crore; Minimum ACU bid Rs 262 crore

7.24% GS 2055: Notified amount Rs 12,000 crore; MUC Rs 286 crore; Minimum ACU bid Rs 286 crore

The underwriting auction will be conducted using a multiple price-based method on December 26. Primary Dealers may submit bids for the ACU auction electronically through the Reserve Bank of India (RBI)’s Core Banking Solution (e-Kuber system) between 9:00 am and 9:30 am on the day of the auction.

The RBI said the underwriting commission will be credited to the current accounts of the respective Primary Dealers with the central bank on the day of issue of the securities.

Prevent Unauthorized Transactions in your demat account -> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....................issued in the interest of investors.
KYC is one-time exercise while dealing in securities markets -> Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remain in investor's account.