RBI Sets Underwriting Commission Rate in October 2026 Auction

Reserve Bank of India concludes underwriting auction for 6.94% GS 2036 security with a cut-off commission at 0.38 paise per ₹100.

On October 16, 2026, the Reserve Bank of India conducted an underwriting auction for the 6.94% Government Security maturing in 2036. The auction involved a notified amount of ₹34,000 crore, with a minimum underwriting commitment of ₹17,010 crore. The Additional Competitive Underwriting amount accepted was ₹16,990 crore, totaling ₹34,000 crore underwritten. The cut-off rate for underwriting commission payable to Primary Dealers was set at 0.38 paise per ₹100. This rate impacts the cost of underwriting government securities and reflects demand conditions.