RBI sets cut-off rates for underwriting auction on June 12, 2026

RBI sets cut-off rates for underwriting commissions in June 12 auction.

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RBI sets cut-off rates for underwriting commissions in June 12 auction.

RBI sets underwriting commission rates for June 12 auction · NewsDarpan AI

RBI sets underwriting commission rates for June 12 auction · NewsDarpan AI

The Reserve Bank of India (RBI) conducted an underwriting auction on June 12, 2026, for Additional Competitive Underwriting (ACU) of government securities. The auction determined the cut-off rates for underwriting commissions payable to Primary Dealers for two securities.

For the 6.36% GS 2031 security, with a notified amount of ₹21,000 crore, the ACU commission cut-off rate was set at 0.25 paise per ₹100. The total amount underwritten for this security was ₹21,000 crore, including ₹10,500 crore under Minimum Underwriting Commitment (MUC) and ₹10,500 crore under ACU.

Similarly, for the 7.71% GS 2066 security, with a notified amount of ₹11,000 crore, the ACU commission cut-off rate was fixed at 0.61 paise per ₹100. The total underwritten amount for this security was ₹11,000 crore, comprising ₹5,502 crore under MUC and ₹5,498 crore under ACU.

The auction for the sale of these securities was also scheduled for June 12, 2026. Primary Dealers play a crucial role in underwriting government securities, ensuring smooth issuance and market stability.

This announcement highlights the RBI's ongoing efforts to manage government borrowing efficiently while maintaining transparency in the process.

Source: Reserve Bank of India press release, Fri, 12 Jun 2026 09:55:00. http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=62918