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(15/10/2026 15:34)

RBI to conduct underwriting auction for Rs 34,000 cr government security on Oct 16

The Government of India will conduct an underwriting auction on October 16, 2026, for the re-issue of the 6.94% Government Security 2036, with a notified amount of Rs 34,000 crore.

As per the existing underwriting commitment scheme notified on November 14, 2007, the Minimum Underwriting Commitment (MUC) and minimum bidding commitment under the Additional Competitive Underwriting (ACU) auction have been fixed at Rs 810 crore per Primary Dealer (PD).

The underwriting auction will be conducted through a multiple price-based method. Primary Dealers can submit their bids electronically through the Reserve Bank of India's Core Banking Solution (e-Kuber) system between 9:00 AM and 9:30 AM on October 16, 2026.

The underwriting commission will be credited to the respective Primary Dealers' current accounts with the RBI on the day of issuance of the security.
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