Press release
🌐 Macro
📊 Neutral
🌍 India
RBI Sets Underwriting Commission for ₹33,000 Crore Government Securities Auction
The RBI has set underwriting commission cut-offs for a ₹33,000 crore government bond auction, with rates established at 0.69 and 0.94 paise per ₹100 for the respective securities.
Impact
10/10
💡 Key Takeaways
- RBI auctioned underwriting for ₹19,000 crore of 6.53% GS 2031 and ₹14,000 crore of 7.71% GS 2066.
- Underwriting commission cut-off rates were set at 0.69 paise and 0.94 paise per ₹100 respectively.
- The auction process ensures liquidity and market support for upcoming government debt issuance.
📋 Executive Summary
The Reserve Bank of India has finalized the underwriting commission rates for its October 23, 2026, auction of government securities. Primary dealers will receive a cut-off rate of 0.69 paise per ₹100 for the 6.53% GS 2031 and 0.94 paise per ₹100 for the 7.71% GS 2066.
📊 Sentiment Analysis
Sentiment
📊 Neutral
Impact Score
10/10
Region
🌍 India
Asset Class
🌐 Macro
❓ Frequently Asked Questions
The ACU auction allows the Reserve Bank of India to determine the commission payable to Primary Dealers for underwriting government securities, ensuring the successful subscription of the notified amount.
📰 Source
📅 Originally published:
⚠️ Disclaimer: This content is for training purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.