On January 23, 2026, the Reserve Bank of India released the full auction results for government stock. The notified amounts were ₹9,000 Crore for New GS 2029, ₹11,000 Crore for New GS 2033, and ₹13,000 Crore for 7.24% GS 2055.
For New GS 2029, 78 competitive bids were received for a total amount of ₹19,105.000 Crore. The cut-off price/yield was 100.00 (YTM: 6.0300%). 28 competitive bids were accepted for a total of ₹8,996.412 Crore, with a partial allotment of 74.1457% (6 bids). The weighted average price/yield was 100.18 (WAY: 5.9644%). 4 non-competitive bids were received and accepted for a total of ₹3.588 Crore.
For New GS 2033, 159 competitive bids were received for a total amount of ₹37,986.000 Crore. The cut-off price/yield was 100.00 (YTM: 6.6800%). 58 competitive bids were accepted for a total of ₹10,994.275 Crore, with a partial allotment of 53.7684% (29 bids). The weighted average price/yield was 100.05 (WAY: 6.6707%). 4 non-competitive bids were received and accepted for a total of ₹5.725 Crore.
For 7.24% GS 2055, 204 competitive bids were received for a total amount of ₹38,051.000 Crore. The cut-off price/yield was 97.78 (YTM: 7.4259%). 20 competitive bids were accepted for a total of ₹12,986.506 Crore, with a partial allotment of 71.3056% (3 bids). The weighted average price/yield was 97.80 (WAY: 7.4242%). 5 non-competitive bids were received and accepted for a total of ₹13.494 Crore.
The underwriting notified amount was ₹9,000 Crore for New GS 2029, ₹11,000 Crore for New GS 2033, and ₹13,000 Crore for 7.24% GS 2055. The amount of underwriting accepted from primary dealers matched the notified amount for all three. There was no devolvement on primary dealers for any of the government stocks.
Contact: Ajit Prasad, Deputy General Manager (Communications). Press Release: 2025-2026/1980. Website: www.rbi.org.in, email: helpdoc@rbi.org.in, Phone: 022 - 2266 0502.
Key Entities Referenced
Reserve Bank of India: The central bank of India, conducting the auction.
Government Stock: The type of security being auctioned.
New GS 2029: One of the specific Government Securities being auctioned.
New GS 2033: One of the specific Government Securities being auctioned.
7.24% GS 2055: One of the specific Government Securities being auctioned.