This is a press release from the Reserve Bank of India, dated December 12, 2025, regarding the auction results and cut-off for government stock.
The auction included:
* 6.68% GS 2040 with a notified amount of ₹16,000 crore, a cut-off price of ₹96.88, an implicit yield at cut-off of 7.0250%, and an amount accepted in the auction of ₹16,000 crore, with NIL devolvement on primary dealers.
* 6.90% GS 2065 with a notified amount of ₹12,000 crore, a cut-off price of ₹93.21, an implicit yield at cut-off of 7.4340%, and an amount accepted in the auction of ₹12,000 crore, with NIL devolvement on primary dealers.
For further information, contact the Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. Phone: 022 - 2266 0502. Website: www.rbi.org.in. Email: helpdoc@rbi.org.in. Ajit Prasad, Deputy General Manager (Communications), is listed as the contact person. The press release number is 2025-2026/1688.
Key Entities Referenced
Reserve Bank of India: Central bank of India; the press release pertains to its auction results.
Government Stock: Refers to the subject of the auction, government securities.
6.68% GS 2040: One of the government securities auctioned, maturing in 2040 with a coupon rate of 6.68%.
6.90% GS 2065: One of the government securities auctioned, maturing in 2065 with a coupon rate of 6.90%.