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Result: Conversion/Switch Auction of Government of India Securities

A. Source Security 7.33% GS 2026 5.74% GS 2026 8.15% GS 2026 7.17% GS 2028
B. Notified Amount
(in ₹ crore)
3,000 2,000 4,000 4,000
Destination Security 6.19% GS 2034 6.57% GS 2033 6.57% GS 2033 8.33% GS 2036
C. i. No. of offers received 10 9 14 40
ii. Total amount of Source Security offered
(Face value, in ₹ crore)
1,699.000 2,163.311 5,403.451 13,805.000
iii. No. of offers accepted 0 0 0 0
iv. Total amount of source security accepted
(Face value, in ₹ crore)
0 0 0 0
v. Total amount of destination security issued
(Face value, in ₹ crore)
0 0 0 0
vi. Cut-off price (₹) / yield (%) for destination security NA NA NA NA
 
A. Source Security 7.06% GS 2028 7.37% GS 2028 7.37% GS 2028 7.26% GS 2029
B. Notified Amount
(in ₹ crore)
4,000 4,000 4,000 5,000
Destination Security 7.62% GS 2039 7.62% GS 2039 8.33% GS 2036 7.40% GS 2035
C. i. No. of offers received 30 12 14 62
ii. Total amount of Source Security offered
(Face value, in ₹ crore)
5,170.000 4,200.000 10,960.000 20,362.572
iii. No of offers accepted 13 8 0 1
iv. Total amount of source security accepted
(Face value, in ₹ crore)
1,600.000 4,000.000 0 1,000.000
v. Total amount of destination security issued
(Face value, in ₹ crore)
1,529.959 3,869.683 0 974.334
vi. Cut-off price (₹) / yield (%) for destination security 107.21/ 6.8127 107.28/ 6.8052 NA 106.37/
6.5214


Ajit Prasad            
Deputy General Manager
(Communications)     

Press Release: 2025-2026/1099

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