Reserve Bank announces an underwriting auction for ₹33,000 crore of Government Securities
23 October 2026
The Reserve Bank of India issued a press release on 22 October 2026 announcing an underwriting auction for the sale of Government Securities.
The notified amount for the sale is ₹33,000 crore.
The underwriting auction was set for 23 October 2026.
Underwriting auctions are held before a government securities auction so that the full notified amount is subscribed.
Notified amount:
₹33,000 crore
Auction date:
23 October 2026
Why it matters for exams: Bank examinations ask how the Reserve Bank manages the Centre's market borrowing and what underwriting by Primary Dealers means.
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In plain words
Underwriting Underwriting — A commitment by a dealer to buy any part of an issue that other bidders do not take up.
G-Sec Government Security — A tradable debt instrument issued by the Government of India.