The RBI established underwriting commission cut-offs for the October 1 government bond auction, with rates set between 0.64 and 1.97 paise per 100 rupees for securities maturing between 2029 and 2056.
RBI set underwriting commission cut-off at 1.97 paise per 100 for the 6.20% GS 2029 in the October 1, 2026 auction.
RBI set underwriting commission cut-off at 0.85 paise per 100 for the 6.57% GS 2033 in the October 1, 2026 auction.
RBI set underwriting commission cut-off at 0.64 paise per 100 for the 7.63% GS 2056 in the October 1, 2026 auction.
RBI set underwriting commission cut-off at 0.87 paise per 100 for the 7.50% GOI SGrB 2056 in the October 1, 2026 auction.
The Reserve Bank of India has finalized underwriting commission rates for four government securities ahead of the October 1, 2026, auction. Primary dealers will receive commission cut-offs ranging from 0.64 to 1.97 paise per 100 rupees across the 2029, 2033, and 2056 maturity tranches.
The auction determines the commission paid to Primary Dealers for their commitment to underwrite government securities, ensuring successful issuance during the main bond auction.