Result of Underwriting Auction conducted on February 20, 2026


In the underwriting auction conducted on February 20, 2026, 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)
6.03% GS 2029 9,000 4,515 4,485 9,000 0.30
6.68% GS 2033 11,000 5,502 5,498 11,000 0.60
7.24% GS 2055 13,000 6,510 6,490 13,000 1.88
Auction for the sale of securities will be held on February 20, 2026.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/2140



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