The RBI conducted an underwriting auction on August 28, 2026, setting the cut-off rates for Primary Dealers on competitive underwriting of certain Government securities. This is a key development in the management of government securities.
Underwriting Auction Results
The Reserve Bank of India held an underwriting auction on August 28, 2026, relating to Additional Competitive Underwriting (ACU) of government securities. The cut-off rates for underwriting commission payable to Primary Dealers were established during this auction.
This auction is critical as it reflects the RBI's ongoing efforts to efficiently manage the issuance of government securities and provide liquidity support to the market. By setting competitive rates, the RBI encourages participation from Primary Dealers, ensuring a robust market for government debt instruments.
Practitioners involved in securities and investments should be attentive to these rates as they can influence bidding strategies and pricing for government securities in the secondary market.
Citations
- Reserve Bank of India Auction (2026) RBI Press Release 2
