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PDF - Result: Conversion/Switch Auction of Government of India Securities ()
Date : Apr 20, 2026
Result: Conversion/Switch Auction of Government of India Securities
A. Source Security 5.74% GS 2026 8.24% GS 2027 6.79% GS 2027 6.64% GS 2027 8.60% GS 2028
B. Notified Amount (in ₹ crore) 3,000 1,000 3,000 3,000 3,000
Destination Security 6.33% GS 2035 6.92% GS 2039 6.19% GS 2034 6.64% GS 2035 7.50% GS 2034
C. i. No. of offers received 13 15 59 8 21
ii. Total amount of Source Security offered (Face value, in ₹ crore) 2,998.685 1,615.400 8,570.267 7,125.997 6,861.626
iii. No. of offers accepted 5 8 17 0 3
iv. Total amount of source security accepted (Face value, in ₹ crore) 2,316.000 1,000.000 3,000.000 0 1,640.594
v. Total amount of destination security issued (Face value, in ₹ crore) 2,389.764 1,039.171 3,173.015 0 1,663.557
vi. Cut-off price (₹) / yield (%) for destination security 96.92/6.7910 97.96/7.1565 95.42/6.9165 NA 103.61/6.9187

A. Source Security 7.59% GS 2029 7.10% GS 2029 7.04% GS 2029 7.88% GS 2030
B. Notified Amount (in ₹ crore) 3,000 6,000 4,000 4,000
Destination Security 6.22% GS 2035 6.57% GS 2033 7.50% GS 2034 7.40% GS 2035
C. i. No. of offers received 16 27 6 33
ii. Total amount of Source Security offered (Face value, in ₹ crore) 5,003.743 14,979.685 12,173.141 12,165.373
iii. No. of offers accepted 4 6 0 0
iv. Total amount of source security accepted (Face value, in ₹ crore) 3,000.000 1,730.380 0 0
v. Total amount of destination security issued (Face value, in ₹ crore) 3,243.017 1,802.859 0 0
vi. Cut-off price (₹) / yield (%) for destination security 95.67/6.8772 98.04/6.9032 NA NA

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2026-2027/110


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