This document is a press release from the Reserve Bank of India, dated February 20, 2026, providing the full auction results for Government Stock. The results are broken down into three Government Stocks (GS) which include 6.03% GS 2029, 6.68% GS 2033 and 7.24% GS 2055. The notified amounts for the Government Stocks are ₹9,000 Crore, ₹11,000 Crore, and ₹13,000 Crore, respectively.
For 6.03% GS 2029, 59 competitive bids were received for a total amount of ₹19,913.100 Crore. The cut-off price/yield was ₹100.16 (YTM: 5.9676%). 16 competitive bids were accepted, totaling ₹8,995.125 Crore with a partial allotment of 34.0578% (4 bids). The weighted average price/yield was ₹100.26 (WAY: 5.9299%). 4 non-competitive bids were received totaling ₹4.875 Crore.
For 6.68% GS 2033, 163 competitive bids were received for a total amount of ₹31,664.000 Crore. The cut-off price/yield was ₹99.84 (YTM: 6.7080%). 33 competitive bids were accepted, totaling ₹10,989.079 Crore with a partial allotment of 83.9900% (13 bids). The weighted average price/yield was ₹99.88 (WAY: 6.7007%). 6 non-competitive bids were received totaling ₹10.921 Crore.
For 7.24% GS 2055, 239 competitive bids were received for a total amount of ₹31,070.000 Crore. The cut-off price/yield was ₹97.06 (YTM: 7.4885%). 113 competitive bids were accepted, totaling ₹12,978.899 Crore with a partial allotment of 92.5024% (12 bids). The weighted average price/yield was ₹97.13 (WAY: 7.4824%). 10 non-competitive bids were received totaling ₹21.101 Crore.
The amount of underwriting accepted from primary dealers was ₹9,000 Crore, ₹11,000 Crore, and ₹13,000.000 Crore for the three GSs respectively. There was no devolvement on primary dealers for any of the three Government Stocks.
The press release number is 2025-2026/2143, and the contact person is Ajit Prasad, Deputy General Manager (Communications). The Department of Communication, Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. The phone number is 022 - 2266 0502. Website: www.rbi.org.in and email is helpdoc@rbi.org.in
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for issuing this press release.
Government Stock: Subject of the auction results detailed in the press release.
Mumbai: Location of the Department of Communication, Central Office.
6.03% GS 2029: Government Security being auctioned, maturing in 2029 with a coupon rate of 6.03%.
6.68% GS 2033: Government Security being auctioned, maturing in 2033 with a coupon rate of 6.68%.