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PDF - Result: Conversion/Switch Auction of Government of India Securities ()
Date : Dec 15, 2025
Result: Conversion/Switch Auction of Government of India Securities
A. Source Security 8.24% GS 2027 7.38% GS 2027 6.64% GS 2027 7.17% GS 2028 8.60% GS 2028 7.59% GS 2029
B. Notified Amount (in ₹ crore) 2,000 2,000 2,000 3,000 3,000 3,000
Destination Security 7.50% GS 2034 6.67% GS 2035 6.57% GS 2033 7.57% GS 2033 6.57% GS 2033 6.19% GS 2034
C. i. No. of offers received 16 25 4 29 28 17
ii. Total amount of Source Security offered (Face value, in ₹ crore) 3,057.559 3,269.369 2,480.000 6,092.932 7,058.109 4,517.363
iii. No. of offers accepted 4 2 0 6 5 3
iv. Total amount of source security accepted (Face value, in ₹ crore) 1,537.559 195.000 0 1,075.000 3,000.000 3,000.000
v. Total amount of destination security issued (Face value, in ₹ crore) 1,490.073 198.504 0 1,039.987 3,184.485 3,226.530
vi. Cut-off price (₹) / yield (%) for destination security 106.01/6.5759 100.51/6.5995 NA 105.95/6.5534 100.05/6.5613 97.42/6.5806

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/1702


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