India, Oct. 31 -- The Reserve Bank of India (RBI) on Friday announced the completion of its Rs.32,000 crore bond auction, revealing the highest underwriting commission in the Sovereign Green Bond (SGrB) 2054 issue. The auction, held on October 31, was part of the central bank's Additional Competitive Underwriting (ACU) for select government securities.

According to the RBI, the 5.91% Government Security (GS) 2028, with a notified amount of Rs.9,000 crore, had a Minimum Underwriting Commitment (MUC) of Rs.4,515 crore and an ACU amount of Rs.4,485 crore. The total amount underwritten stood at Rs.9,000 crore, with a cut-off commission rate of 0.15 paise per Rs.100.

For the 6.98% Government of India Sovereign Green Bond (SGrB) 2054, the not...