Document title: Result of Underwriting Auction conducted on November 13, 2026
Issuing authority: Reserve Bank of India
Reference number: Press Release 2026-2027/1489
Date: 13 November 2026
Capital Markets and Flows
The Reserve Bank of India announced the outcome of the Additional Competitive Underwriting (ACU) auction for the 6.94% Government Security maturing in 2036. The notified amount for the issue was ₹34,000 crore. Primary dealers were required to commit a minimum underwriting amount of ₹17,010 crore, and an additional competitive underwriting amount of ₹16,990 crore was accepted, resulting in the full ₹34,000 crore being underwritten. The RBI fixed the ACU commission cut‑off rate at 0.54 paise per ₹100 of the security value.
Regulatory and Policy Measures
The RBI set the cut‑off commission rate to guide primary dealers in pricing their underwriting services for this government security. The auction for the sale of the security is scheduled to be conducted on 13 November 2026, the same day the results were released.
The announcement confirms that the entire issue has been successfully underwritten at the stipulated commission rate, reflecting the RBI’s role in facilitating government debt issuance and ensuring market participation.