India, Sept. 18 -- The Government of India will conduct auctions on September 19, 2025, for the re-issue of two Government Securities — Rs 6,000 crore of 5.91% GS 2028 and Rs 30,000 crore of 6.33% GS 2035.
Under the existing underwriting scheme, each Primary Dealer (PD) has a Minimum Underwriting Commitment (MUC) of Rs 143 crore for the 2028 paper and Rs 715 crore for the 2035 paper, with an equal minimum bidding commitment under the Additional Competitive Underwriting (ACU) auction.
The underwriting auction will follow a multiple-price based method and bids for the ACU auction can be submitted electronically through RBI's E-Kuber System between 9:00 a.m. and 9:30 a.m. on September 19. The underwriting commission will be credited to...