Underwriting Auction Results: ₹21k Crore GS 2031, ₹11k Crore GS 2065
Summary
RBI announces results of Additional Competitive Underwriting auction for government securities conducted on April 17, 2026. Two securities were underwritten totaling ₹32,000 crore in notified amounts. Commission cut-off rates for Primary Dealers were set at 0.54 paise per ₹100 for 6.36% GS 2031 and 0.74 paise per ₹100 for 6.90% GS 2065. The auction for sale of these securities will be held on the same date.
What changed
RBI published the results of an Additional Competitive Underwriting auction for two government securities on April 17, 2026. The 6.36% GS 2031 was fully underwritten at ₹21,000 crore with a commission cut-off rate of 0.54 paise per ₹100, while the 6.90% GS 2065 was fully underwritten at ₹11,000 crore with a commission cut-off rate of 0.74 paise per ₹100.
For Primary Dealers and investors in government securities, this announcement provides transparency on underwriting commitments and competitive commission rates. The data may inform pricing strategies and competitive positioning for future auctions.
Archived snapshot
Apr 18, 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 17, 2026 |
| Result of Underwriting Auction conducted on April 17, 2026 |
| In the underwriting auction conducted on April 17, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:
| Nomenclature of the Security | Notified Amount
(₹ crore) | Minimum Underwriting Commitment (MUC) Amount
(₹ crore) | Additional Competitive Underwriting Amount Accepted
(₹ crore) | Total Amount underwritten
(₹ crore) | ACU Commission Cut-off rate
(paise per ₹100) |
| 6.36% GS 2031 | 21,000 | 10,500 | 10,500 | 21,000 | 0.54 |
| 6.90% GS 2065 | 11,000 | 5,502 | 5,498 | 11,000 | 0.74 |
| Auction for the sale of securities will be held on April 17, 2026. |
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2026-2027/95 | Nomenclature of the Security | Notified Amount
(₹ crore) | Minimum Underwriting Commitment (MUC) Amount
(₹ crore) | Additional Competitive Underwriting Amount Accepted
(₹ crore) | Total Amount underwritten
(₹ crore) | ACU Commission Cut-off rate
(paise per ₹100) | 6.36% GS 2031 | 21,000 | 10,500 | 10,500 | 21,000 | 0.54 | 6.90% GS 2065 | 11,000 | 5,502 | 5,498 | 11,000 | 0.74 | Auction for the sale of securities will be held on April 17, 2026. |
| Nomenclature of the Security | Notified Amount
(₹ crore) | Minimum Underwriting Commitment (MUC) Amount
(₹ crore) | Additional Competitive Underwriting Amount Accepted
(₹ crore) | Total Amount underwritten
(₹ crore) | ACU Commission Cut-off rate
(paise per ₹100) |
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