**Summary:**
On August 29, 2025, the Reserve Bank of India (RBI) conducted a government stock auction. The auction included two government securities (GS): 6.68 GS 2040 and 6.90 GS 2065. For both securities, the notified amount was ₹16,000 crore. The cutoff price for 6.68 GS 2040 was ₹97.38, implying a yield at cutoff of 6.9646%. The cutoff price for 6.90 GS 2065 was ₹93.87, implying a yield at cutoff of 7.3786%. The amount accepted in the auction was ₹16,000 crore for each security. There was no devolvement on primary dealers for either security. Contact: Ajit Prasad, Deputy General Manager, Communications; email: helpdocrbi.org.in; phone: 022 2266 0502. Website: www.rbi.org.in.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Mumbai, Maharashtra: City in India where the Department of Communication, Central Office of the Reserve Bank of India is located.
Government Stock Auction: Auction of government securities conducted by the Reserve Bank of India.
6.68 GS 2040: Government Security maturing in 2040 with a coupon rate of 6.68%.
6.90 GS 2065: Government Security maturing in 2065 with a coupon rate of 6.90%.
Ajit Prasad: Deputy General Manager, Communications at Reserve Bank of India
Primary Dealers: Financial institutions authorized to participate in government securities auctions.
Central Office: Central Office of the Reserve Bank of India's Department of Communication.