On November 28, 2025, the Reserve Bank of India released the cut-off results for the Government Stock Auction.
For the 5.91% GS 2028, the notified amount was ₹9,000 crore, with a cut-off price of 100.30 (5.7808% implicit yield), and the amount accepted in the auction was ₹9,000 crore.
For the 6.28% GS 2032, the notified amount was ₹11,000 crore, with a cut-off price of 99.17 (6.4343% implicit yield), and the amount accepted in the auction was ₹11,000 crore.
For the 7.24% GS 2055, the notified amount was ₹7,000 crore, with a cut-off price of 99.41 (7.2875% implicit yield), and the amount accepted in the auction was ₹7,000 crore.
For the 6.98% GOI SGrB 2054, the notified amount was ₹5,000 crore, with a cut-off price of 97.22 (7.2094% implicit yield), and the amount accepted in the auction was ₹5,000 crore.
There was no devolvement on Primary Dealers for any of the listed government stocks.
The press release number is 2025-2026/1577. For more information, contact Ajit Prasad, Deputy General Manager (Communications). The Department of Communication, Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001, and the phone number is 022 - 2266 0502. The RBI website is www.rbi.org.in, and the email is helpdoc@rbi.org.in.
Key Entities Referenced
Reserve Bank of India: India's central bank, responsible for monetary policy and regulation of the financial system. This press release pertains to auction results of government stock.
Government Stock: The underlying asset being auctioned.
5.91% GS 2028: Specific government security with a coupon rate of 5.91% and maturity year 2028.
6.28% GS 2032: Specific government security with a coupon rate of 6.28% and maturity year 2032.
6.98% GOI SGrB 2054: Specific government security with a coupon rate of 6.98% and maturity year 2054.