Government to conduct Rs 32,000 cr G-Sec underwriting auction on June 12

India, June 12 -- The Government of India will conduct an underwriting auction for the re-issue of Government Securities worth Rs 32,000 crore on June 12, 2026, ahead of the scheduled bond auction.

The securities being offered include the 6.36% Government Security 2031 with a notified amount of Rs 21,000 crore and the 7.71% Government Security 2066 with a notified amount of Rs 11,000 crore.

Under the existing underwriting framework, Primary Dealers (PDs) will participate through the Minimum Underwriting Commitment (MUC) and Additional Competitive Underwriting (ACU) mechanisms. For the 2031 bond, the MUC and minimum ACU bidding commitment have been fixed at Rs 500 crore per PD, while for the 2066 bond, both commitments stand at Rs 262 cror...