New Delhi, May 14 -- The Government of India is set to conduct an underwriting auction for the sale of Government Securities for Rs 32,000 crore on May 15, 2026. According to the Reserve Bank of India (RBI), the entire notified amount for the new security is subject to this underwriting process.

"Government of India has announced the sale (issue/re-issue) of Government Securities... through auction to be held on May 15, 2026 (Friday)."

The central bank stated that the underwriting auction will follow a multiple price-based method. This format allows participants to submit bids at different price levels for the long-term government paper.

"As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of ...