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BANKER AND DEBT MANAGER TO GOVERNMENT

Managing the government's banking transactions is a key RBI role. Like individuals, businesses and banks, governments need a banker to carry out their financial transactions in an efficient and effective manner, including the raising of resources from the public.

Press Release


PDF - Result: Conversion/Switch Auction of Government of India Securities ()
Date : May 18, 2026
Result: Conversion/Switch Auction of Government of India Securities
A. Source Security 6.79% GS 2027 6.64% GS 2027 7.06% GS 2028 8.60% GS 2028
B. Notified Amount (in ₹ crore) 3,000 3,000 5,000 3,000
Destination Security 6.67% GS 2035 6.64% GS 2035 7.41% GS 2036 6.64% GS 2035
C. i. No. of offers received 21 7 14 30
ii. Total amount of Source Security offered (Face value, in ₹ crore) 5,569.920 3,565.210 5,650.745 7,190.032
iii. No. of offers accepted 5 3 11 18
iv. Total amount of source security accepted (Face value, in ₹ crore) 575.000 213.116 5,000.000 2,985.000
v. Total amount of destination security issued (Face value, in ₹ crore) 594.234 221.142 4,969.810 3185.043
vi. Cut-off price (₹) / yield (%) for destination security 97.16/7.0825 97.10/7.0774 101.96/7.1417 97.28/7.0497

A. Source Security 6.13% GS 2028 7.59% GS 2029 7.10% GS 2029 7.88% GS 2030
B. Notified Amount (in ₹ crore) 2,000 4,000 5,000 5,000
Destination Security 7.19% GS 2060 7.62% GS 2039 7.41% GS 2036 7.62% GS 2039
C. i. No. of offers received 3 9 12 14
ii. Total amount of Source Security offered (Face value, in ₹ crore) 40.000 5,819.177 6,481.688 8,996.687
iii. No. of offers accepted 2 7 1 12
iv. Total amount of source security accepted (Face value, in ₹ crore) 10.000 2,315.364 5,000.000 5,000.000
v. Total amount of destination security issued (Face value, in ₹ crore) 10.625 2,322.783 4,976.951 5,033.732
vi. Cut-off price (₹) / yield (%) for destination security 93.68/7.7155 101.94/7.3868 101.96/7.1417 101.85/7.3974

Ajit Prasad           Deputy General Manager (Communications)    

Press Release: 2026-2027/277

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