RBI announces underwriting auction for Rs 28,000 crore government securities
New Delhi, July 23 -- The Reserve Bank of India (RBI) on Thursday announced the underwriting auction for the sale of government securities worth Rs 28,000 crore, scheduled to be held on July 24, with Primary Dealers required to bid under the Additional Competitive Underwriting (ACU) mechanism.
In a press release, the RBI said, "Government of India has announced the sale (issue/re-issue) of Government Securities... through auction to be held on July 24, 2026 (Friday)."
The central bank said the auction will cover two securities - a new Government Security maturing in 2041 with a notified amount of Rs 17,000 crore and the 7.43 per cent Government Security maturing in 2076 with a notified amount of Rs 11,000 crore.
According to the RBI, u...
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