Press release 🌐 Macro 🌍 India

RBI Sets Underwriting Commission Rates for 33,000 Crore Government Auction

The RBI has set underwriting commission cut-offs for a 33,000 crore government bond auction, with rates varying between 0.64 and 1.00 paise per 100 rupees for primary dealers.

🕐 1 min read

4 assets impacted. Net bias: 0 Bullish, 0 Bearish, 4 Neutral. Strongest signal: 6.20% GS 2029 → 2/10 (70% confidence).

📊 Affected Assets (4)

6.20% GS 2029
Neutral 🤖 70%
📅 Short-term 🌍 IN · Explicit

RBI set cut-off rate for underwriting commission for this security in the auction.

6.57% GS 2033
Neutral 🤖 70%
📅 Short-term 🌍 IN · Explicit

RBI set cut-off rate for underwriting commission for this security in the auction.

7.63% GS 2056
Neutral 🤖 70%
📅 Short-term 🌍 IN · Explicit

RBI set cut-off rate for underwriting commission for this security in the auction.

7.50% GOI SGrB 2056
Neutral 🤖 70%
📅 Short-term 🌍 IN · Explicit

RBI set cut-off rate for underwriting commission for this security in the auction.

🎯 Key Takeaways

  • RBI auctioned 33,000 crore in government securities across four tranches.
  • Underwriting commission rates range from a low of 0.64 paise for the 6.57% GS 2033 to 1.00 paise for the 7.50% Sovereign Green Bond 2056.
  • The auction process ensures liquidity for government debt through primary dealer commitments.

📝 Executive Summary

The Reserve Bank of India has finalized underwriting commission rates for a 33,000 crore government securities auction scheduled for October 30, 2026. Primary dealers will receive commission rates ranging from 0.64 to 1.00 paise per 100 rupees across four distinct security tranches, including the 6.20% GS 2029 and 7.50% Sovereign Green Bond 2056.

❓ FAQ

What is the purpose of the Additional Competitive Underwriting (ACU) auction?

The ACU auction allows the Reserve Bank of India to determine the commission rates payable to primary dealers for underwriting government securities, ensuring successful subscription of the notified amounts.