Document title: Result of Underwriting Auction – August 7, 2026
Issuing authority: Reserve Bank of India
Reference number: Press Release 2026-2027/831
Date: August 7, 2026
Capital Markets and Flows
The Reserve Bank of India (RBI) conducted an Additional Competitive Underwriting (ACU) auction on 7 August 2026 for two government securities. For the 6.36% Government Security maturing in 2031, the notified amount was ₹21,000 crore, with a minimum underwriting commitment of ₹10,500 crore. An additional competitive underwriting amount of ₹10,500 crore was accepted, bringing the total amount underwritten to ₹21,000 crore. The ACU commission cut‑off rate was set at 0.28 paise per ₹100.
For the 7.71% Government Security maturing in 2066, the notified amount was ₹11,000 crore, with a minimum underwriting commitment of ₹5,502 crore. An additional competitive underwriting amount of ₹5,498 crore was accepted, resulting in a total underwritten amount of ₹11,000 crore. The ACU commission cut‑off rate was set at 0.68 paise per ₹100.
Regulatory and Policy Measures
The RBI fixed the cut‑off rates for underwriting commissions payable to Primary Dealers as part of its market‑liquidity management framework. The auction for the sale of the securities is scheduled to be executed on the same day, 7 August 2026, as indicated in the press release.
The RBI’s announcement provides the final commission rates and confirms full underwriting of the notified amounts for both securities, reflecting the central bank’s ongoing efforts to manage liquidity in the government securities market.