RBI auction sees full subscription for Rs 28,000 crore government securities
New Delhi, July 24 -- The Reserve Bank of India (RBI) on Friday said the government's auction of two dated securities worth Rs 28,000 crore received full subscription, with the entire notified amount accepted and no devolvement on Primary Dealers, after earlier announcing the underwriting commission cut-off rates for the securities.
In a separate release issued before the auction results, the RBI had said, "In the underwriting auction conducted on July 24, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rate for underwriting commission payable to Primary Dealers."
According to the auction results released later, the RBI accepted the full Rs 17,000...
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