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Date : Jul 10, 2025
Underwriting Auction for sale of Government Securities for ₹25,000 crore on July 11, 2025

Government of India has announced the sale (issue/ re-issue) of Government Securities, as detailed below, through auctions to be held on July 11, 2025 (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
New GS 2032 11,000 262 262
7.09% GS 2074 14,000 334 334

The underwriting auction will be conducted through multiple price-based method on July 11, 2025 (Friday). PDs may submit their bids for ACU auction electronically through 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: 2025-2026/685


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