Underwriting auction (Oct 9): dealers earn 0.54 to 0.88 paise per ₹100
Dealers backed all ₹36,000 crore of the October 9 bond sale. Commission cut-offs were 0.54 paise for the 2041 bond and 0.88 paise for the 2076 bond.
Official title: Result of Underwriting Auction conducted on October 09, 2026 · Press Release 2026-2027/1290
What happened
In the underwriting auction on October 9, 2026, Primary Dealers took on the full ₹36,000 crore of the two bonds: ₹23,000 crore of the 7.06% 2041 bond and ₹13,000 crore of the 7.43% 2076 bond. About half was compulsory and half won through bids.
The commission was set at 0.54 paise per ₹100 for the 2041 bond and 0.88 paise per ₹100 for the 2076 bond. That is a small fee. This is routine.
What it means for you
No effect on you.
What it means for businesses
Dealers earn a small fee for guaranteeing the government bond sale.
Read the original
Press release on rbi.org.in ↗ Official PDF ↗
This explainer simplifies the official text. If anything here differs from the RBI's release, the release is right.