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PDF - Result: Conversion/Switch Auction of Government of India Securities ()
Date : Mar 02, 2026
Result: Conversion/Switch Auction of Government of India Securities
A. Source Security 5.63% GS 2026 7.33% GS 2026 8.15% GS 2026 8.15% GS 2026
B. Notified Amount (in ₹ crore) 3,000 2,000 5,000 3,000
Destination Security 6.92% GS 2039 7.50% GS 2034 6.57% GS 2033 8.32% GS 2032
C. i. No. of offers received 9 10 6 6
ii. Total amount of Source Security offered (Face value, in ₹ crore) 727.659 1,425.000 4,450.806 2,500.472
iii. No. of offers accepted 2 10 6 6
iv. Total amount of source security accepted (Face value, in ₹ crore) 102.335 1,425.000 4,450.806 2,500.472
v. Total amount of destination security issued (Face value, in ₹ crore) 103.281 1,368.733 4,556.164 2,331.967
vi. Cut-off price (₹) / yield (%) for destination security 99.12/7.0193 105.25/6.6747 99.35/6.6765 109.08/6.5604

A. Source Security 8.24% GS 2027 8.24% GS 2027 8.24% GS 2027
B. Notified Amount (in ₹ crore) 5,000 4,000 3,000
Destination Security 8.32% GS 2032 6.57% GS 2033 7.40% GS 2062
C. i. No. of offers received 11 14 6
ii. Total amount of Source Security offered (Face value, in ₹ crore) 7,209.560 3,675.000 2,710.000
iii. No. of offers accepted 8 5 0
iv. Total amount of source security accepted (Face value, in ₹ crore) 2,009.560 3,300.000 0
v. Total amount of destination security issued (Face value, in ₹ crore) 1,886.241 3,400.510 0
vi. Cut-off price (₹) / yield (%) for destination security 109.00/6.5751 99.22/6.6984 NA

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/2199


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