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 amount of ₹8,996.412 Crore, with a partial allotment percentage 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 ₹3.588 Crore.
For New GS 2033, 159 competitive bids were received for ₹37,986.000 Crore. The cut-off price/yield was 100.00 (YTM: 6.6800%). 58 competitive bids were accepted for ₹10,994.275 Crore, with a partial allotment percentage 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 ₹5.725 Crore.
For 7.24% GS 2055, 204 competitive bids were received for ₹38,051.000 Crore. The cut-off price/yield was 97.78 (YTM: 7.4259%). 20 competitive bids were accepted for ₹12,986.506 Crore, with a partial allotment percentage 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 ₹13.494 Crore.
The underwriting notified amount was ₹9,000 Crore, ₹11,000 Crore and ₹13,000 Crore for New GS 2029, New GS 2033 and 7.24% GS 2055 respectively. The amount of underwriting accepted from primary dealers was ₹9,000 Crore, ₹11,000 Crore and ₹13,000 Crore for New GS 2029, New GS 2033 and 7.24% GS 2055 respectively. Devolvement on primary dealers was NIL for all three.
For more information, contact Ajit Prasad, Deputy General Manager (Communications). The press release number is 2025-2026/1980. The website is www.rbi.org.in and email helpdoc@rbi.org.in. The phone number is 022-2266 0502.
Key Entities Referenced
Reserve Bank of India: Issuer of the press release regarding Government Stock auction results.
Government Stock: Subject of the full auction results in the press release.
Mumbai: Location of the Department of Communication of the Reserve Bank of India.
New GS 2029: Government Stock being auctioned.
New GS 2033: Government Stock being auctioned.