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Date : Nov 18, 2024
Result: Switch/Conversion Auction of Government Securities
A. Source Security 7.27% GS 2026 6.99% GS 2026 6.99% GS 2026 8.33% GS 2026 5.74% GS 2026
B. Notified Amount (amount in ₹ cr) 1,000 3,000 1,000 1,000 2,000
Destination Security 7.40% GS 2035 6.22% GS 2035 8.32% GS 2032 7.40% GS 2035 6.62% GS 2051
C. i. No. of offers received 8 12 6 1 6
ii. Total amount of Source Security offered (Face value in ₹ cr) 2,250.000 6,675.000 3,655.000 742.692 2,028.583
iii. No of offers accepted 2 4 2 1 1
iv. Total amount of source security accepted (Face value in ₹ cr) 1,000.000 3,000.000 1,000.000 742.692 2,000.000
v. Total amount of destination security issued (Face value in ₹ cr) 967.989 3,162.299 924.188 730.838 2,046.690
vi. Cut-off price (₹) / yield (%) for destination security 104.01/6.8663 95.20/6.8752 108.60/6.8611 104.01/6.8663 95.95/6.9541

A. Source Security 8.24% GS 2027 6.79% GS 2027 6.79% GS 2027 8.28% GS 2027 7.17% GS 2028
B. Notified Amount (amount in ₹ cr) 1,000 7,000 1,000 1,000 2,000
Destination Security 6.95% GS 2061 7.73% GS 2034 7.40% GS 2035 7.40% GS 2035 6.57% GS 2033
C. i. No. of offers received 1 9 10 14 23
ii. Total amount of Source Security offered (Face value in ₹ cr) 1,000.000 7,940.000 835.371 3,330.329 4,380.000
iii. No of offers accepted 1 0 0 1 7
iv. Total amount of source security accepted (Face value in ₹ cr) 1,000.000 0 0 836.329 2,000.000
v. Total amount of destination security issued (Face value in ₹ cr) 1,039.866 0 0 835.846 2,064.052
vi. Cut-off price (₹) / yield (%) for destination security 99.08/7.0194 NA NA 104.01/6.8663 97.96/6.8760

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2024-2025/1524


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