**Summary:**
On August 22, 2025, the Reserve Bank of India (RBI) conducted a government stock auction. The results are as follows:
* **5.91 GS 2028:** The notified amount was ₹6,000 crore. The cut-off price was ₹99.756.0032, resulting in an implicit yield at cut-off of 5.91%. The amount accepted in the auction was ₹6,000 crore, with no devolvement on Primary Dealers.
* **6.33 GS 2035:** The notified amount was ₹30,000 crore. The cut-off price was ₹98.396.5553, resulting in an implicit yield at cut-off of 6.33%. The amount accepted in the auction was ₹30,000 crore, with no devolvement on Primary Dealers.
This information is available on the RBI website (www.rbi.org.in). For further inquiries, contact the Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001, via email at helpdoc@rbi.org.in or phone at 022-2266 0502. Ajit Prasad, Deputy General Manager, Communications, issued this press release (2025-2026/956).
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Mumbai, Maharashtra: The city where the Reserve Bank of India's Central Office is located.
Government Stock: Refers to securities issued by the government.
5.91 GS 2028: Government Stock with a coupon rate of 5.91% maturing in 2028.
6.33 GS 2035: Government Stock with a coupon rate of 6.33% maturing in 2035.
Ajit Prasad: Deputy General Manager, Communications at Reserve Bank of India.
Primary Dealers: Financial institutions authorized to participate directly in government securities auctions.
Shahid Bhagat Singh Marg: Location of Central Office of Reserve Bank of India.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
August 22, 2025
Government Stock - Auction Results: Cut-off
5.91% GS 2028 6.33% GS 2035
I. Notified Amount ₹6,000 crore ₹30,000 crore
Cut off Price (₹) / Implicit Yield at cut-
II. 99.75/6.0032% 98.39/6.5553%
off
III. Amount accepted in the auction ₹6,000 crore ₹30,000 crore
IV. Devolvement on Primary Dealers NIL NIL
Ajit Prasad
Press Release: 2025-2026/956 Deputy General Manager
(Communications)