RBI to Hold Underwriting Auction for ₹28,000 Crore Government Securities on December 12

The Reserve Bank of India (RBI) has announced that an underwriting auction for the sale of Government Securities worth ₹28,000 crore will be held on December 12, 2025 (Friday). The sale will be conducted through a re-issue of two government bonds.

According to the notification, the two securities and their amounts are:

Under the underwriting scheme notified earlier on November 14, 2007, the Minimum Underwriting Commitment (MUC) and minimum bidding commitment under Additional Competitive Underwriting (ACU) for each Primary Dealer (PD) are as follows:

SecurityNotified Amount (₹ crore)MUC per PD (₹ crore)ACU Minimum Bid per PD (₹ crore)
6.68% GS 204016,000381381
6.90% GS 206512,000286286

The underwriting auction will follow a multiple-price based method. Primary Dealers can submit their ACU bids electronically through RBI’s e-Kuber system between 9:00 AM and 9:30 AM on the auction day.

RBI also said that the underwriting commission will be credited to the PDs’ current accounts on the day the securities are issued.

Exit mobile version