RBI Announces Underwriting Auction Results for Nov 6, 2026
The Reserve Bank of India (RBI) concluded an underwriting auction for government securities on November 6, 2026. The process determined the underwriting commission rates payable to Primary Dealers for two specific securities.
For the 7.06% GS 2041 security, the RBI set the Additional Competitive Underwriting (ACU) commission cut-off rate at 0.74 paise per ₹100. The total amount underwritten for this security reached ₹23,000 crore, with ₹11,492 crore accepted through the ACU process and a Minimum Underwriting Commitment (MUC) of ₹11,508 crore.
Regarding the 7.43% GS 2076 security, the commission cut-off rate was established at 1.14 paise per ₹100. This security also saw a total underwritten amount of ₹13,000 crore, comprising an MUC of ₹6,510 crore and an accepted ACU amount of ₹6,490 crore.
These underwriting results provide critical data points for market participants monitoring government borrowing costs and the liquidity appetite of Primary Dealers in the current fiscal environment.
Why it matters
These auction results offer insight into the cost of government debt issuance and the risk appetite of primary dealers, which are key indicators for broader interest rate trends.
FAQ
What was the commission rate for the 7.06% GS 2041 security?
The ACU commission cut-off rate was set at 0.74 paise per ₹100.
What was the total amount underwritten for the 7.43% GS 2076 security?
The total amount underwritten was ₹13,000 crore.
When did the Reserve Bank of India conduct this auction?
The auction was conducted on November 6, 2026.
Source: RBI Press Releases. See the original source for full details.
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