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PDF - Result: Conversion/Switch Auction of Government of India Securities ()
Date : Jul 21, 2025
Result: Conversion/Switch Auction of Government of India Securities
A. Source Security 8.15% GS 2026 8.24% GS 2027 6.79% GS 2027 7.17% GS 2028 7.06% GS 2028
B. Notified Amount (in ₹ crore) 3,000 3,000 4,000 4,000 4,000
Destination Security 7.50% GS 2034 7.50% GS 2034 8.24% GS 2033 8.24% GS 2033 7.62% GS 2039
C. i. No. of offers received 10 16 19 36 10
ii. Total amount of Source Security offered (Face value, in ₹ crore) 5,127.476 4,222.559 6,423.207 12,122.059 4,530.000
iii. No. of offers accepted 0 0 2 2 2
iv. Total amount of source security accepted (Face value, in ₹ crore) 0 0 2,053.538 3,220.000 4,000.000
v. Total amount of destination security issued (Face value, in ₹ crore) 0 0 1,866.037 2,964.337 3,781.624
vi. Cut-off price (₹) / yield (%) for destination security NA NA 112.03/6.3504 112.03/6.3504 109.11/6.6170

A. Source Security 8.60% GS 2028 7.37% GS 2028 7.26% GS 2029 7.59% GS 2029
B. Notified Amount (in ₹ crore) 4,000 4,000 2,000 4,000
Destination Security 6.22% GS 2035 7.62% GS 2039 6.22% GS 2035 8.32% GS 2032
C. i. No. of offers received 28 9 47 27
ii. Total amount of Source Security offered (Face value, in ₹ crore) 11,287.077 4,320.000 11,257.171 14,883.748
iii. No of offers accepted 0 3 0 5
iv. Total amount of source security accepted (Face value, in ₹ crore) 0 4,000.000 0 4,000.000
v. Total amount of destination security issued (Face value, in ₹ crore) 0 3,830.494 0 3,774.301
vi. Cut-off price (₹) / yield (%) for destination security NA 109.11/6.6170 NA 111.71/6.2360

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/750


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