Result: Conversion/Switch Auction of Government of India Securities · 2026-2027/1351
RBI press-release 2026-2027/1351 · 19 Oct 2026
RBI press-release 2026-2027/1351 · 19 Oct 2026
Summary
Check the official recordThe Reserve Bank of India announces the results of the conversion or switch auction for Government of India securities held on October 19, 2026. The auction involved the exchange of six source securities for designated destination securities. The bank accepted offers for five of the six source securities. No offers were received for the 6.03% GS 2029 security. The auction determined the cut-off prices and yields for the destination securities issued in exchange.
Key dates
Who is affected
October 19, 2026
Result: Conversion/Switch Auction of Government of India Securities
Press Release: 2026-2027/1351
Ajit Prasad
Deputy General Manager
(Communications)
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi
Website : www.rbi.org.in
ई-मेल/email : helpdoc@rbi.org.in
संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001
Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
| A. | Source Security | 8.26% GS 2027 | 7.17% GS 2028 | 7.06% GS 2028 | 7.26% GS 2029 | 6.03% GS 2029 | 6.79% GS 2029 |
|---|---|---|---|---|---|---|---|
| B. | Notified Amount (in ₹ crore) | 2,000 | 3,000 | 3,000 | 4,000 | 4,000 | 4,000 |
| Destination Security | 7.19% GS 2060 | 7.41% GS 2036 | 7.23% GS 2039 | 6.64% GS 2035 | 7.50% GS 2034 | 7.57% GS 2033 | |
| C. | i. No. of offers received | 2 | 34 | 12 | 18 | 0 | 14 |
| ii. Total amount of Source Security offered (Face value, in ₹ crore) | 2,003.098 | 4,058.000 | 3,425.000 | 2,378.180 | 0.000 | 2,185.000 | |
| iii. No. of offers accepted | 1 | 18 | 11 | 17 | 0 | 7 | |
| iv. Total amount of source security accepted (Face value, in ₹ crore) | 2,000.000 | 3,000.000 | 1,925.000 | 2,377.180 | 0 | 2,000.000 | |
| v. Total amount of destination security issued (Face value, in ₹ crore) | 2,191.941 | 3,014.193 | 1,968.890 | 2,509.916 | 0 | 1,966.176 | |
| vi. Cut-off price (₹) / yield (%) for destination security | 92.32/ 7.8391 | 100.15/ 7.3867 | 98.38/ 7.4311 | 95.44/ 7.3598 | NA | 101.08/ 7.3590 |