The RBI will conduct a multiple price-based underwriting auction for ₹34,000 crore of 6.94% GS 2036 bonds on October 16, 2026, requiring Primary Dealers to manage specific bidding commitments.
RBI announced underwriting auction for re-issue of 6.94% GS 2036 for ₹34,000 crore, indicating government borrowing activity.
The Reserve Bank of India has scheduled an underwriting auction for the re-issue of 6.94% GS 2036 securities totaling ₹34,000 crore. Primary Dealers must submit bids via the e-Kuber system on October 16, 2026, to fulfill their underwriting commitments.
The auction ensures that Primary Dealers commit to underwriting the government's debt issuance, providing stability and liquidity to the bond market during the re-issue process.