On January 09, 2026, the Reserve Bank of India released the results of the full auction for government stock.
For the 6.68% GS 2040:
* The notified amount was ₹16,000 Crore.
* 343 competitive bids were received, totaling ₹43,917.800 Crore.
* The cut-off price/yield was 96.23 (YTM: 7.1007%).
* 120 competitive bids were accepted, totaling ₹15,987.323 Crore.
* The partial allotment percentage of competitive bids was 19.8502% (22 bids).
* The weighted average price/yield was 96.26 (WAY: 7.0973%).
* 8 non-competitive bids were received and accepted, totaling ₹12.677 Crore.
* The underwriting notified amount was ₹16,000 Crore, and the amount of underwriting accepted from primary dealers was ₹16,000 Crore.
* Devolvement on Primary Dealers: NIL
For the 6.90% GS 2065:
* The notified amount was ₹13,000 Crore.
* 184 competitive bids were received, totaling ₹31,225.000 Crore.
* The cut-off price/yield was 93.18 (YTM: 7.4365%).
* 67 competitive bids were accepted, totaling ₹12,994.830 Crore.
* The partial allotment percentage of competitive bids was 82.8839% (10 bids).
* The weighted average price/yield was 93.27 (WAY: 7.4290%).
* 4 non-competitive bids were received and accepted, totaling ₹5.170 Crore.
* The underwriting notified amount was ₹13,000 Crore, and the amount of underwriting accepted from primary dealers was ₹13,000 Crore.
* Devolvement on Primary Dealers: NIL
The press release number is 2025-2026/1892. For more information, contact Ajit Prasad, Deputy General Manager (Communications).
Key Entities Referenced
Reserve Bank of India: Central bank responsible for the auction results announcement.
Government Stock: The subject of the full auction results.
6.68% GS 2040: One of the Government Stock securities being auctioned.
6.90% GS 2065: One of the Government Stock securities being auctioned.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय �रज़वर् बैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, केंद्रीय कायार्लय, शहीद भगत िसंह मागर्, फोटर्, मुंबई - 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
January 09, 2026
Government Stock - Full Auction Results
(Amount in ₹ Crore)
Auction Results 6.68% GS 2040 6.90% GS 2065
I. Notified Amount 16,000 13,000
II. Competitive Bids Received
(i) Number 343 184
(ii) Amount 43,917.800 31,225.000
III. 96.23 93.18
Cut-off price / Yield
(YTM: 7.1007%) (YTM: 7.4365%)
IV. Competitive Bids Accepted
(i) Number 120 67
(ii) Amount 15,987.323 12,994.830
V. Partial Allotment Percentage of 19.8502% 82.8839%
Competitive Bids (22 bids) (10 bids)
VI. 96.26 93.27
Weighted Average Price/Yield
(WAY: 7.0973%) (WAY: 7.4290%)
VII. Non-Competitive Bids Received
(i) Number 8 4
(ii) Amount 12.677 5.170
VIII. Non-Competitive Bids Accepted
(i) Number 8 4
(ii) Amount 12.677 5.170
(iii) Partial Allotment Percentage
IX. Underwriting Notified Amount 16,000 13,000
X. Amount of Underwriting accepted from
16,000 13,000
primary dealers
XI. Devolvement on Primary Dealers NIL NIL
Ajit Prasad
Press Release: 2025-2026/1892 Deputy General Manager
(Communications)