RBI Auction Results Shock Market: GS 2036 Security Underwritten at ₹34,000 Crore; Check ACU Commission Rate
Reserve Bank of India Concludes Underwriting Auction for Government Securities
The Reserve Bank of India (RBI) has released the official results of the Additional Competitive Underwriting (ACU) auction conducted on July 03, 2026. This auction focused on a specific Government Security (GS 2036), setting crucial benchmarks for the underwriting commission payable to Primary Dealers.The RBI's announcement provides complete details regarding the commitments and accepted amounts across all participating entities in this significant securities auction. The results underscore the active participation and commitment seen from financial institutions toward government debt instruments.
Key Metrics of GS 2036 Underwriting Auction
The auction was conducted for a security carrying a yield of 6.94% maturing in 2036. A total notified amount of ₹34,000 crore was established for this security. This figure represents the complete scope of the underwriting opportunity presented by the Reserve Bank of India.Minimum Underwriting Commitment (MUC) was set at ₹17,010 crore. The auction successfully secured an Additional Competitive Underwriting (ACU) amount totaling ₹16,990 crore. Combined, this brought the total amount underwritten to ₹34,000 crore.
ACU Commission Cut-off Rate Revealed by RBI
One of the key outcomes from the underwriting process is the determination of the ACU Commission Cut-off rate. For the GS 2036 security, the RBI has set this cut-off rate at 0.30 paise per ₹100.The comprehensive results provide transparency on the financial commitments made during the auction. These figures are vital inputs for financial institutions managing their fixed income portfolios and assessing risk exposure associated with government securities.
Summary of Auction Proceedings
In summary, the RBI's underwriting auction successfully concluded the transaction for Additional Competitive Underwriting (ACU). The security sold under this auction holds a Notified Amount of ₹34,000 crore. This event serves as part of the ongoing commitment by the RBI to manage and track government securities instruments in the market.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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