Toll Free: 1800 103 1369 Email Us:customercare@canmoney.in

Markets

Market

News Details

(02/07/2026 12:26)

RBI to conduct underwriting auction for Rs 34,000 cr government security on July 3

The Reserve Bank of India (RBI) will conduct an underwriting auction on July 3, 2026, for the re-issue of the 6.94% Government Security (GS) 2036 with a notified amount of Rs 34,000 crore.

Under the existing underwriting framework for Primary Dealers (PDs), the Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under the Additional Competitive Underwriting (ACU) auction have been fixed at ?810 crore per PD.

The underwriting auction will be conducted using the multiple price-based method, with Primary Dealers required to submit their ACU bids electronically through the RBI's e-Kuber system between 9:00 a.m. and 9:30 a.m. on July 3.

The RBI said the underwriting commission will be credited to the current accounts of the respective Primary Dealers on the day the security is issued.
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.
CDSL – MyEasi App App Store: https://apps.apple.com/in/app/cdsl-myeasi-app/id6737304195      Google Play Store: https://play.google.com/store/apps/details?id=com.cdsl.myeasi   |   NSDL – Speede App : App Store: https://apps.apple.com/in/app/nsdl-speede-app/id922834763      Google Play Store: https://play.google.com/store/apps/details?id=com.msf.NSDL.Android