On November 14, 2025, the Reserve Bank of India released the full auction results for government stock. The notified amount for 6.68% GS 2040 was ₹16,000 Crore, while for 6.90% GS 2065, it was ₹12,000 Crore. For 6.68% GS 2040, 264 competitive bids totaling ₹35,746.000 Crore were received. The cut-off price/yield was 97.93 (YTM: 6.9057%). 134 competitive bids were accepted, amounting to ₹15,985.164 Crore, with a partial allotment percentage of 41.7851% (18 bids). The weighted average price/yield was 97.97 (WAY: 6.9013%). 6 non-competitive bids were received and accepted, amounting to ₹14.836 Crore. The underwriting notified amount was ₹16,000 Crore, with ₹16,000 Crore accepted from primary dealers. Devolvement on primary dealers was NIL. For 6.90% GS 2065, 226 competitive bids totaling ₹28,311.000 Crore were received. The cut-off price/yield was 93.91 (YTM: 7.3759%). 119 competitive bids were accepted, amounting to ₹11,975.095 Crore, with a partial allotment percentage of 32.0021% (6 bids). The weighted average price/yield was 94.00 (WAY: 7.3685%). 7 non-competitive bids were received and accepted, amounting to ₹24.905 Crore. The underwriting notified amount was ₹12,000 Crore, with ₹12,000 Crore accepted from primary dealers. Devolvement on primary dealers was NIL. Ajit Prasad, Deputy General Manager (Communications), is the contact person for the press release (2025-2026/1505). The Department of Communication is located at Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 and can be reached by phone at 022 - 2266 0502 or by email at helpdoc@rbi.org.in. The RBI website is www.rbi.org.in.
Key Entities Referenced
Reserve Bank of India: India's central bank, conducting government stock auctions.
Government Stock: Refers to the bonds being auctioned, the primary subject of the press release.
Mumbai: Location of the Department of Communication of the Reserve Bank of India
Primary Dealers: Entities involved in underwriting and devolvement of government stock.
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
November 14, 2025
Government Stock - Full Auction Results
(Amount in ₹ Crore)
Auction Results 6.68% GS 2040 6.90% GS 2065
I. Notified Amount 16,000 12,000
Competitive Bids Received
II. (i) Number 264 226
(ii) Amount 35,746.000 28,311.000
97.93 93.91
III. Cut-off price / Yield
(YTM: 6.9057%) (YTM: 7.3759%)
Competitive Bids Accepted
IV. (i) Number 134 119
(ii) Amount 15,985.164 11,975.095
Partial Allotment Percentage of 41.7851% 32.0021%
V.
Competitive Bids (18 bids) (6 bids)
97.97 94.00
VI. Weighted Average Price/Yield
(WAY: 6.9013%) (WAY: 7.3685%)
Non-Competitive Bids Received
VII. (i) Number 6 7
(ii) Amount 14.836 24.905
Non-Competitive Bids Accepted
(i) Number 6 7
VIII.
(ii) Amount 14.836 24.905
(iii) Partial Allotment Percentage
IX. Underwriting Notified Amount 16,000 12,000
Amount of Underwriting accepted
X. 16,000 12,000
from primary dealers
XI. Devolvement on Primary Dealers NIL NIL
Ajit Prasad
Press Release: 2025-2026/1505 Deputy General Manager
(Communications)