The Government of India has announced the sale (issue/re-issue) of Government Securities (G-Secs) worth Rs 33,000 crore through an underwriting auction to be held on Friday, January 23, 2026.

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) have been specified for the securities on offer.

The securities include a New Government Security 2029 with a notified amount of Rs 9,000 crore, a New Government Security 2033 amounting to Rs 11,000 crore, and the 7.24% Government Security 2055 with a notified amount of Rs 13,000 crore. The MUC and the minimum ACU bidding commitment per PD range between Rs 215 crore and Rs 310 crore, depending on the security.

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

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