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Date : Jun 16, 2025
Result: Conversion/Switch Auction of Government of India Securities
A. Source Security 8.15% GS 2026 8.24% GS 2027 8.26% GS 2027 8.26% GS 2027 7.06% GS 2028
B. Notified Amount (in ₹ crore) 3,000 3,000 2,000 2,000 3,000
Destination Security 6.19% GS 2034 6.64% GS 2035 8.33% GS 2036 7.40% GS 2062 8.24% GS 2033
C. i. No. of offers received 3 3 6 1 6
ii. Total amount of Source Security offered (Face value, in ₹ crore) 3,800.000 887.559 945.000 1,000.000 3,247.000
iii. No of offers accepted 2 0 0 1 3
iv. Total amount of source security accepted (Face value, in ₹ crore) 3,000.000 0 0 1,000.000 217.000
v. Total amount of destination security issued (Face value, in ₹ crore) 3,136.604 0 0 1,001.241 199.334
vi. Cut-off price (₹) / yield (%) for destination security 98.90/6.3473 NA NA 104.71/7.0399 112.15/6.3493

A. Source Security 7.06% GS 2028 8.60% GS 2028 7.59% GS 2029 7.59% GS 2029
B. Notified Amount (in ₹ crore) 2,000 3,000 3,000 4,000
Destination Security 7.06% GS 2046 8.33% GS 2036 7.57% GS 2033 8.32% GS 2032
C. i. No. of offers received 0 10 10 13
ii. Total amount of Source Security offered (Face value, in ₹ crore) 0.000 5,445.000 4,667.356 4,154.200
iii. No of offers accepted 0 2 0 5
iv. Total amount of source security accepted (Face value, in ₹ crore) 0 3,000.000 0 2,079.200
v. Total amount of destination security issued (Face value, in ₹ crore) 0 2,820.191 0 1,971.281
vi. Cut-off price (₹) / yield (%) for destination security NA 114.16/6.5042 NA 111.11/6.3548

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/549


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