# RBI to auction Rs 34,000 crore govt security on August 28 2026-08-27T08:29:28+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet The government will auction a re-issue of the 6.94% Government Security maturing in 2036 for Rs 34,000 crore on August 28, 2026. The auction will be conducted by the Reserve Bank of India, with Primary Dealers (PDs) required to bid a minimum of Rs 810 crore each as underwriting commitment. Bids must be submitted electronically through the RBI's e-Kuber system between 9:00 AM and 9:30 AM on the auction day. The underwriting commission will be credited to PDs' current accounts with the RBI on the date of security issuance. ## Indian Opinion Analysis This auction is part of RBI's routine market borrowing programme to finance the government's fiscal deficit for 2026-27. The 10-year benchmark 6.94% GS 2036 was originally issued earlier this year, a re-issue adds to the outstanding stock, improving liquidity of the security. Primary Dealers are mandated to underwrite a minimum of Rs 810 crore each, ensuring the entire Rs 34,000 crore is subscribed even if regular bids fall short. Investors should watch the cut-off yield on August 28: it will signal market sentiment on inflation and the RBI's next repo rate decision. ## Coverage - rbi.org.in Straight press release reproduction with no commentary, pro-government or critical framing This brief was synthesised by AI from the source linked above. Tags: 6.94% GS 2036, E-Kuber, Government of India, primary dealers, RBI Canonical: https://indianopinion.org/rbi-to-auction-rs-34000-crore-govt-security-on-august-28/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/rbi-to-auction-rs-34000-crore-govt-security-on-august-28/#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 report 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. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/