Document title: Underwriting Auction for sale of Government Security for ₹34,000 crore on November 13, 2026
Issuing authority: Reserve Bank of India
Reference number: Press Release: 2026-2027/1485
Date: 13 November 2026
Capital Markets and Flows
The Government of India has announced the re‑issue of a 6.94% Government Security maturing in 2036, with a total issue size of ₹34,000 crore. The underwriting auction will be conducted using a multiple price‑based method on 13 November 2026 (Friday).
Regulatory and Policy Measures
Under the underwriting commitment scheme notified on 14 November 2007, each Primary Dealer (PD) is required to provide a Minimum Underwriting Commitment (MUC) of ₹810 crore and an identical minimum bidding commitment under the Additional Competitive Underwriting (ACU) auction. PDs may submit their ACU bids electronically through the RBI’s Core Banking Solution (e‑Kuber system) between 09:00 A.M. and 09:30 A.M. on the day of the auction. The underwriting commission earned by the PDs will be credited to their current accounts with the RBI on the day the security is issued.
The press release is signed by Deputy General Manager Ajit Prasad (Communications).
This document outlines the procedural and financial parameters of the upcoming government securities underwriting auction, providing clear guidance to participating primary dealers.