RBI Sets June 5 Underwriting Auction to Raise ₹34,000 Crore of Government Securities

The Reserve Bank of India announced an underwriting auction scheduled for June 5. The auction will sell government securities worth ₹34,000 crore. The move is part of the RBI’s regular market‑raising activities. Investors will be invited to bid on the securities. The timing aligns with fiscal planning for the current financial year. Market participants will assess demand and pricing ahead of the auction. The RBI expects the sale to support government financing needs. Results will be published shortly after the auction concludes.