# RBI sets cut-off rates for Rs 28,000 crore govt securities auction 2026-08-20T06:55:39+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet (2 source reports) The Reserve Bank of India (RBI) announced on August 21, 2026, the cut-off rates for underwriting commission in the auction for government securities worth Rs 28,000 crore. The auction included the re-issue of two securities: Rs 17,000 crore of 7.06% Government Stock 2041 and Rs 11,000 crore of 7.43% Government Stock 2076. The underwriting auction, conducted through a multiple price-based method, saw total underwriting commitments of Rs 28,000 crore. For the 7.06% GS 2041, the Additional Competitive Underwriting (ACU) commission cut-off rate was set at 0.59 paise per Rs 100, while for the 7.43% GS 2076, it was 0.88 paise per Rs 100. The RBI accepted Rs 8,495 crore in ACU bids for the 2041 security and Rs 5,498 crore for the 2076 security, supplementing the minimum underwriting commitments from primary dealers. The sale of the securities is scheduled for later on August 21, 2026. ## Indian Opinion Analysis Both sources are official RBI press releases providing procedural details of the underwriting auction. The first release announces the auction parameters, while the second reports the results. Coverage is uniform straight reporting with no discernible slant. The key takeaway is the low commission rates set by the RBI, indicating strong demand from primary dealers to underwrite the government's borrowing programme. This suggests smooth market absorption of government debt in the current fiscal year. Watch for the final yield on these securities at the subsequent sale auction. ## Coverage Coverage: 2 sources, 2 neutral - rbi.org.in (neutral report) Announces auction details without analysis or editorialising - rbi.org.in (2) (neutral report) Reports auction results factually, no slant or commentary This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-09-27T06:19:29+00:00. Tags: E-Kuber, Government of India, government securities, primary dealers, RBI Canonical: https://indianopinion.org/rbi-sets-cut-off-rates-for-rs-28000-crore-govt-securities-auction/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/rbi-sets-cut-off-rates-for-rs-28000-crore-govt-securities-auction/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/