New Delhi, May 27 -- The Reserve Bank of India will conduct an underwriting auction for the sale and re-issue of Government Securities worth Rs 28,000 crore on May 29.

"Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auction to be held on May 29, 2026 (Friday)," the RBI stated in a press release.

As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD), on offer include 6.68 per cent GS 2040 with a notified amount of Rs 17,000 crore.

For this specific security, the MUC pe...