Primary Dealers' accepted commitments reached ₹34,000 crore, matching the notified amount for a 6.94% GS 2036 reissue, as the Reserve Bank of India (RBI) set their commission at 0.38 paise per ₹100.
Of the total, ₹17,010 crore was covered through the Minimum Underwriting Commitment. The RBI accepted the other ₹16,990 crore under Additional Competitive Underwriting, completing the amount.
A separate RBI result for the government securities sale auction recorded no devolvement on Primary Dealers. Accepted bids totaled ₹34,000 crore, with a cut-off price of ₹96.91 and an implicit yield of 7.3955%; those figures relate to the sale auction, not the underwriting commission.
India's Ministry of Finance notification identifies May 11, 2026, as the issue date and May 11, 2036, as the maturity date. Payment for the reissue is due Oct. 19, 2026.
