India, May 27 -- The Government of India has announced an underwriting auction for the sale of Government Securities worth Rs 28,000 crore, scheduled to be held on May 29, 2026.
The auction will involve the re-issue of two government securities — Rs 17,000 crore of 6.68% Government Security 2040 and Rs 11,000 crore of 7.43% Government Security 2076.
Under the existing underwriting framework, Primary Dealers (PDs) will be required to fulfill Minimum Underwriting Commitment (MUC) and Additional Competitive Underwriting (ACU) bidding obligations for the securities. The MUC and minimum ACU bidding commitment per PD have been fixed at Rs 405 crore for the 6.68% GS 2040 and Rs 262 crore for the 7.43% GS 2076.
The underwriting auction wil...