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Result: Switch/Conversion auction of Government Securities

A. Source Security 7.37% GS 2023 8.83% GS 2023 7.68% GS 2023 7.68% GS 2023 7.68% GS 2023 8.40% GS 2024 9.15% GS 2024
B. Notified Amount (amount in ₹ cr) 1,000 1,000 2,000 1,000 2,000 1,000 2,000
Destination Security 6.79% GS 2029 6.76% GS 2061 8.83% GS 2041 7.40% GS 2062 6.80% GS 2060 8.24% GS 2033 7.59% GS 2029
C. i. No. of offers received 6 6 20 8 6 1 2
ii. Total amount of Source Security offered (Face value in ₹ cr) 1,691.614 611.000 3,437.880 805.000 840.000 200.000 2,147.990
iii. No of offers accepted 0 0 5 0 0 0 1
iv. Total amount of source security accepted (Face value in ₹ cr) 0 0 2,000.000 0 0 0 2,000.000
v. Total amount of destination security issued (Face value in ₹ cr) 0 0 1771.394 0 0 0 2041.937
vi. Cut-off price (₹) / yield (%) for destination security NA NA 113.85/7.4543 NA NA NA 101.58/7.2675

Rupambara           
Director (Communications)

Press Release: 2022-2023/1389

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