BANKER AND DEBT MANAGER TO GOVERNMENT

Managing the government's banking transactions is a key RBI role. Like individuals, businesses and banks, governments need a banker to carry out their financial transactions in an efficient and effective manner, including the raising of resources from the public.

Press Release


PDF - Result of Underwriting Auction conducted on October 31, 2025 ()
Date : Oct 31, 2025
Result of Underwriting Auction conducted on October 31, 2025

In the underwriting auction conducted on October 31, 2025, 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)
5.91% GS 2028 9,000 4,515 4,485 9,000 0.15
6.28% GS 2032 11,000 5,502 5,498 11,000 0.30
7.24% GS 2055 7,000 3,507 3,493 7,000 0.67
6.98% GOI SGrB 2054 5,000 2,520 2,480 5,000 1.50
Auction for the sale of securities will be held on October 31, 2025.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/1421


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