Underwriting Auction Government Securities ₹32,000 Crore April 24
Summary
The Reserve Bank of India has announced a government securities underwriting auction scheduled for April 24, 2026, with a total notified amount of ₹32,000 crore across four securities. The auction covers 6.03% GS 2029 (₹11,000 crore), 6.68% GS 2033 (₹11,000 crore), 7.24% GS 2055 (₹5,000 crore), and New GOI SGrB 2056 (₹5,000 crore), with Minimum Underwriting Commitment amounts of ₹262 crore and ₹120 crore per Primary Dealer respectively. Primary Dealers may submit Additional Competitive Underwriting bids electronically through RBI's e-Kuber system between 09:00 A.M. and 09:30 A.M. on the auction date, with underwriting commission credited on the day of securities issue.
“The underwriting auction will be conducted through multiple price-based method on April 24, 2026 (Friday).”
About this source
The Reserve Bank of India is India's central bank. Its press release page is the official channel for monetary policy decisions, banking supervision actions, financial stability reports, FDI data, and the daily money market operations log. GovPing tracks every release as it appears, around 200 a month. Watch this if you cover Indian banking, manage exposure to the rupee, advise on Indian financial regulation, or run payments or fintech in South Asia. Recent examples: an RBI MPC decision holding the repo rate at 5.25% with GDP and inflation projections, financial data on 3,100 FDI companies in India 2024-25, the daily money market operations log.
What changed
The RBI has issued a press release announcing a scheduled government securities auction under the extant underwriting commitment scheme notified on November 14, 2007. Four securities totaling ₹32,000 crore will be auctioned via multiple price-based method, with specified Minimum Underwriting Commitment and minimum bidding commitment amounts applicable to each Primary Dealer.
Primary Dealers registered with RBI should prepare to participate in the ACU auction through the e-Kuber system during the specified 30-minute window on April 24, 2026. Dealers should ensure their systems are operational and their current account details with RBI are accurate for receiving underwriting commission on the issue date.
Archived snapshot
Apr 24, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Press Releases
| () |
| Date : Apr 23, 2026 |
| Underwriting Auction for sale of Government Securities for ₹32,000 crore on April 24, 2026 |
| Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auction to be held on April 24, 2026 (Friday).
As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD), are as under:
| (₹ crore) |
| Security | Notified Amount | MUC amount per PD | Minimum bidding commitment per PD under ACU auction |
| 6.03% GS 2029 | 11,000 | 262 | 262 |
| 6.68% GS 2033 | 11,000 | 262 | 262 |
| 7.24% GS 2055 | 5,000 | 120 | 120 |
| New GOI SGrB 2056 | 5,000 | 120 | 120 |
The underwriting auction will be conducted through multiple price-based method on April 24, 2026 (Friday). PDs may submit their bids for ACU auction electronically through Reserve Bank of India Core Banking Solution (e-Kuber system) between 09:00 A.M. and 09:30 A.M. on the day of underwriting auction.
The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of securities.
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2026-2027/127 | (₹ crore) | Security | Notified Amount | MUC amount per PD | Minimum bidding commitment per PD under ACU auction | 6.03% GS 2029 | 11,000 | 262 | 262 | 6.68% GS 2033 | 11,000 | 262 | 262 | 7.24% GS 2055 | 5,000 | 120 | 120 | New GOI SGrB 2056 | 5,000 | 120 | 120 |
| (₹ crore) |
| 6.03% GS 2029 | 11,000 | 262 | 262 |
| 6.68% GS 2033 | 11,000 | 262 | 262 |
| 7.24% GS 2055 | 5,000 | 120 | 120 |
| New GOI SGrB 2056 | 5,000 | 120 | 120 |
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
;)
Related changes
Get daily alerts for RBI Press Releases
Daily digest delivered to your inbox.
Free. Unsubscribe anytime.
About this page
Every important government, regulator, and court update from around the world. One place. Real-time. Free. Our mission
Source document text, dates, docket IDs, and authority are extracted directly from RBI.
The summary, classification, recommended actions, deadlines, and penalty information are AI-generated from the original text and may contain errors. Always verify against the source document.
Classification
Who this affects
Taxonomy
Browse Categories
Get alerts for this source
We'll email you when RBI Press Releases publishes new changes.
Subscribed!
Optional. Filters your digest to exactly the updates that matter to you.