The Government of India will auction Government Securities worth ₹32,000 crore on September 11, 2026. Primary Dealers are subject to Minimum Underwriting Commitments as stipulated in existing guidelines.
Government Securities Auction for ₹32,000 Crore Scheduled
The Government of India has announced an auction for the sale of Government Securities amounting to ₹32,000 crore, set to take place on September 11, 2026. This auction will include both the issue and re-issue of these securities.
According to the underwriting scheme notified on November 14, 2007, specific amounts of Minimum Underwriting Commitment (MUC) and Additional Competitive Underwriting (ACU) obligations will apply to each Primary Dealer (PD). The details relating to these commitments are outlined in the auction notification.
The auction is a significant part of the government's funding strategy and is expected to impact various segments of the financial market. For practitioners, understanding the commitments and procedural details around the underwriting process is crucial for successful participation in the auction.
Citations
- Government Auction Notification (2026) RBI Press Release 63564
