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PDF - Result: Conversion/Switch Auction of Government of India Securities ()
Date : Sep 21, 2026
Result: Conversion/Switch Auction of Government of India Securities
A. Source Security 8.26% GS 2027 7.06% GS 2028 8.60% GS 2028 7.26% GS 2029
B. Notified Amount (in ₹ crore) 2,000 4,000 4,000 4,000
Destination Security 7.19% GS 2060 6.79% GS 2034 7.50% GS 2034 7.50% GS 2034
C. i. No. of offers received 4 17 8 22
ii. Total amount of Source Security offered (Face value, in ₹ crore) 2,107.859 4,245.357 3,970.832 4,614.777
iii. No. of offers accepted 3 13 3 3
iv. Total amount of source security accepted (Face value, in ₹ crore) 2,000.000 3,945.357 2,500.000 175.000
v. Total amount of destination security issued (Face value, in ₹ crore) 2,163.618 4,044.527 2,509.625 172.821
vi. Cut-off price (₹) / yield (%) for destination security 94.04/7.6861 98.64/7.0134 103.09/6.9818 102.90/7.0129

A. Source Security 7.10% GS 2029 7.04% GS 2029 6.45% GS 2029 7.88% GS 2030
B. Notified Amount (in ₹ crore) 5,000 4,000 2,000 5,000
Destination Security 6.79% GS 2034 7.50% GS 2034 7.40% GS 2035 6.64% GS 2035
C. i. No. of offers received 21 6 13 1
ii. Total amount of Source Security offered (Face value, in ₹ crore) 6,130.009 7,359.000 1,856.885 1.638
iii. No. of offers accepted 14 3 8 0
iv. Total amount of source security accepted (Face value, in ₹ crore) 5,000.000 4,000.000 1,153.760 0
v. Total amount of destination security issued (Face value, in ₹ crore) 5,133.470 3,929.483 1,123.998 0
vi. Cut-off price (₹) / yield (%) for destination security 98.64/7.0134 103.06/6.9867 102.20/7.0639 NA

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2026-2027/1156


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