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PDF - Result: Conversion/Switch Auction of Government of India Securities ()
Date : Feb 23, 2026
Result: Conversion/Switch Auction of Government of India Securities
A. Source Security 6.97% GS 2026 6.97% GS 2026 5.74% GS 2026 8.15% GS 2026 8.24% GS 2027 8.24% GS 2027
B. Notified Amount (in ₹ crore) 3,000 2,000 4,000 6,000 7,000 3,000
Destination Security 8.32% GS 2032 7.50% GS 2034 7.62% GS 2039 6.57% GS 2033 6.57% GS 2033 7.40% GS 2062
C. i. No. of offers received 23 21 6 7 13 2
ii. Total amount of Source Security offered (Face value, in ₹ crore) 3,352.363 2,410.968 1,123.583 5,305.000 5,745.000 2,025.000
iii. No. of offers accepted 17 10 4 6 9 0
iv. Total amount of source security accepted (Face value, in ₹ crore) 2,952.363 1,860.968 1,105.000 3,805.000 5,645.000 0
v. Total amount of destination security issued (Face value, in ₹ crore) 2,741.429 1,784.603 1,051.438 3,907.839 5,840.185 0
vi. Cut-off price (₹) / yield (%) for destination security 108.28/6.7136 104.96/6.7212 105.10/7.0296 99.03/6.7299 99.04/6.7283 NA

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/2155


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