This press release from the Reserve Bank of India (RBI) dated February 27, 2026, details the results of a Government Stock - Full Auction for the 6.48% GS 2035. The notified amount was ₹32,000 crore.
Competitive bids received numbered 388, totaling ₹81,040.000 crore. The cut-off price/yield was 98.36, with a Yield to Maturity (YTM) of 6.7134%. Out of the competitive bids, 156 were accepted, amounting to ₹31,981.478 crore. The partial allotment percentage of competitive bids was 17.0045%, encompassing 58 bids. The weighted average price/yield was 98.38 (WAY: 6.7105%).
Non-competitive bids received numbered 7, with a total amount of ₹18.522 crore. All 7 non-competitive bids were accepted, also totaling ₹18.522 crore. The partial allotment percentage for non-competitive bids was not explicitly stated but implied by the full acceptance.
The underwriting notified amount was ₹32,000 crore, and the amount of underwriting accepted from primary dealers was ₹32,000 crore. There was no devolvement on primary dealers (NIL).
The press release was issued by Ajit Prasad, Deputy General Manager (Communications). The RBI's contact information includes its website (www.rbi.org.in and www.rbi.org.in/hindi) and email (helpdoc@rbi.org.in). The communication department is located at Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for issuing currency, regulating monetary policy, and supervising financial institutions.
6.48% GS 2035: A specific government security with a coupon rate of 6.48% and a maturity year of 2035, indicating the subject of the auction results.
Ajit Prasad: The Deputy General Manager (Communications) at the Reserve Bank of India, who is signing off on the press release.
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
February 27, 2026
Government Stock - Full Auction Results
(Amount in ₹ Crore)
Auction Results 6.48% GS 2035
I. Notified Amount 32,000
Competitive Bids Received
II. (i) Number 388
(ii) Amount 81,040.000
98.36
III. Cut-off price / Yield
(YTM: 6.7134%)
Competitive Bids Accepted
IV. (i) Number 156
(ii) Amount 31,981.478
Partial Allotment Percentage of 17.0045%
V.
Competitive Bids (58 bids)
98.38
VI. Weighted Average Price/Yield
(WAY: 6.7105%)
Non-Competitive Bids Received
VII. (i) Number 7
(ii) Amount 18.522
Non-Competitive Bids Accepted
(i) Number 7
VIII.
(ii) Amount 18.522
(iii) Partial Allotment Percentage
IX. Underwriting Notified Amount 32,000
Amount of Underwriting accepted from
X. 32,000
primary dealers
XI. Devolvement on Primary Dealers NIL
Ajit Prasad
Press Release: 2025-2026/2184 Deputy General Manager
(Communications)