Government Stock - Auction Results: Cut-off
7.06% GS 2041 7.43% GS 2076 I. Notified Amount ₹23,000 crore ₹13,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 96.18/7.4898% 95.33/7.8015% III. Amount accepted in the auction ₹23,000 crore ₹13,000 crore IV. Devolvement on Primary Dealers NIL NIL Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1296
The government initiated a stock auction with a notified amount of ₹23,000 crore for two different types of bonds, namely 7.06% General Securities (GS) 2041 and 7.43% GS 2076. In total, 369 bids were received for the first bond and 177 bids for the second bond.
Out of these bids, 106 qualified for competitive allotment in the case of the first bond, covering ₹22,915.377 crore. For the second bond, 63 bids were accepted for competitive allotment, amounting to ₹12,991.249 crore. This resulted in an 81.33% cut-off price for the first bond and a 72.99% cut-off price for the second bond.
The weighted average price (WAY) for the first bond was 96.19 with a yield of 7.4886%, while the second bond had a WAY of 95.49 and a yield of 7.7882%. No non-competitive bids were accepted for either bond, with 5 bids and 3 bids received respectively.
The underwriting notification for both bonds was ₹23,000 crore. Primary dealers successfully underwrote the full amount, indicating a successful auction and allocation of funds.
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- Government Stock - Full Auction Results rbi.org.in
