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PDF - Result: Conversion/Switch Auction of Government of India Securities ()
Date : Jul 20, 2026
Result: Conversion/Switch Auction of Government of India Securities
A. Source Security 6.79% GS 2027 6.64% GS 2027 7.17% GS 2028 7.06% GS 2028
B. Notified Amount (in ₹ crore) 4,000 4,000 3,000 5,000
Destination Security 6.19% GS 2034 6.67% GS 2035 7.50% GS 2034 7.62% GS 2039
C. i. No. of offers received 35 9 25 10
ii. Total amount of Source Security offered (Face value, in ₹ crore) 6,033.175 874.243 9,773.712 5,304.000
iii. No. of offers accepted 4 6 2 4
iv. Total amount of source security accepted (Face value, in ₹ crore) 4,000.000 503.899 155.000 5,000.000
v. Total amount of destination security issued (Face value, in ₹ crore) 4,164.015 514.155 150.450 4,838.060
vi. Cut-off price (₹) / yield (%) for destination security 96.77/6.7091 99.00/6.8145 104.85/6.7097 105.16/7.0113

A. Source Security 8.60% GS 2028 7.37% GS 2028 7.10% GS 2029 7.88% GS 2030
B. Notified Amount (in ₹ crore) 2,000 3,000 5,000 4,000
Destination Security 7.50% GS 2034 6.64% GS 2035 6.64% GS 2035 7.10% GS 2034
C. i. No. of offers received 15 5 12 8
ii. Total amount of Source Security offered (Face value, in ₹ crore) 4,601.032 2,997.032 6,095.984 4,974.638
iii. No. of offers accepted 0 0 4 2
iv. Total amount of source security accepted (Face value, in ₹ crore) 0 0 839.305 4000.000
v. Total amount of destination security issued (Face value, in ₹ crore) 0 0 867.977 4,081.409
vi. Cut-off price (₹) / yield (%) for destination security NA NA 98.91/6.8039 102.67/6.6496

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2026-2027/714


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