Press release 🌐 Macro 🌍 India

RBI Sets 0.38 Paise Commission for 6.94% GS 2036 Underwriting Auction

The RBI concluded the Additional Competitive Underwriting auction for the 6.94% GS 2036, setting a commission cut-off of 0.38 paise per ₹100 to support the upcoming ₹34,000 crore government security sale.

🕐 1 min read

1 assets impacted. Net bias: 0 Bullish, 0 Bearish, 1 Neutral. Strongest signal: 6.94% GS 2036 → 2/10 (70% confidence).

📊 Affected Assets (1)

6.94% GS 2036
Neutral 🤖 70%
📅 Short-term 🌍 IN · Explicit

RBI conducted underwriting auction for 6.94% GS 2036 with a cut-off commission rate of 0.38 paise per ₹100.

🎯 Key Takeaways

  • RBI set the underwriting commission at 0.38 paise per ₹100 for the 6.94% GS 2036.
  • The total amount underwritten reached the full notified target of ₹34,000 crore.
  • Primary dealers provided a minimum underwriting commitment of ₹17,010 crore.

📝 Executive Summary

The Reserve Bank of India has finalized the underwriting commission for the 6.94% Government Stock 2036 at 0.38 paise per ₹100. The auction successfully covered the total notified amount of ₹34,000 crore, with primary dealers committing to the full issuance volume.

❓ FAQ

What was the outcome of the RBI underwriting auction for the 6.94% GS 2036?

The RBI set the underwriting commission cut-off rate at 0.38 paise per ₹100 for the total notified amount of ₹34,000 crore.