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PDF - Result of Underwriting Auction conducted on December 26, 2025 ()
Date : Dec 26, 2025
Result of Underwriting Auction conducted on December 26, 2025

In the underwriting auction conducted on December 26, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

Nomenclature of the Security Notified Amount
(₹ crore)
Minimum Underwriting Commitment (MUC) Amount
(₹ crore)
Additional Competitive Underwriting Amount Accepted
(₹ crore)
Total Amount underwritten
(₹ crore)
ACU Commission Cut-off rate
(Paise per ₹100)
5.91% GS 2028 9,000 4,515 4,485 9,000 0.19
6.28% GS 2032 11,000 5,502 5,498 11,000 0.34
7.24% GS 2055 12,000 6,006 5,994 12,000 1.10
Auction for the sale of securities will be held on December 26, 2025.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/1772


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