Markets

Market

News Details

(16/04/2026 13:27)

Govt to conduct Rs 32,000 Cr G-Sec Underwriting Auction on April 17

The Government of India will conduct an underwriting auction for the re-issue of government securities worth Rs 32,000 crore on April 17, 2026.

The auction includes Rs 21,000 crore of 6.36% GS 2031 and Rs 11,000 crore of 6.90% GS 2065. Under the underwriting framework, the Minimum Underwriting Commitment (MUC) per Primary Dealer (PD) is set at Rs 500 crore and Rs 262 crore, respectively, with an equal minimum bidding requirement under the Additional Competitive Underwriting (ACU) mechanism.

The auction will follow a multiple price-based method, with bids to be submitted electronically via the Reserve Bank of India’s 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 participating PDs with the RBI on the date of issuance.

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.