The Reserve Bank of India announced the full auction results for Government Stock on January 02, 2026. The notified amount for the 6.48% GS 2035 was ₹32,000 Crore. Competitive bids received totaled 395, amounting to ₹66,542.700 Crore. The cut-off price/yield was 99.03 (YTM: 6.6147%). Competitive bids accepted numbered 225, totaling ₹31,995.984 Crore. The partial allotment percentage of competitive bids was 64.5283% (20 bids). The weighted average price/yield was 99.07 (WAY: 6.6090%). Non-competitive bids received and accepted were 3 in number, amounting to ₹4.016 Crore. The underwriting notified amount was ₹32,000 Crore, with the amount of underwriting accepted from primary dealers also at ₹32,000 Crore. Devolvement on Primary Dealers was NIL. Contact Ajit Prasad, Deputy General Manager (Communications), for further information. Press Release: 2025-2026/1833
Key Entities Referenced
Reserve Bank of India: Central bank of India, responsible for regulating the banking system and issuing currency.
6.48% GS 2035: Government Stock maturing in 2035 with a coupon rate of 6.48%, the subject of the auction results.
Mumbai: Location of the Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व ब ैंक
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
January 02, 2026
Government Stock - Full Auction Results
(Amount in ₹ Crore)
Auction Results 6.48% GS 2035
I. Notified Amount 32,000
II. Competitive Bids Received
(i) Number 395
(ii) Amount 66,542.700
99.03
III. Cut-off price / Yield
(YTM: 6.6147%)
IV. Competitive Bids Accepted
(i) Number 225
(ii) Amount 31,995.984
Partial Allotment Percentage of 64.5283%
V.
Competitive Bids (20 bids)
99.07
VI. Weighted Average Price/Yield
(WAY: 6.6090%)
VII. Non-Competitive Bids Received
(i) Number 3
(ii) Amount 4.016
VIII. Non-Competitive Bids Accepted
(i) Number 3
(ii) Amount 4.016
(iii) Partial Allotment Percentage
IX. Underwriting Notified Amount 32,000
Amount of Underwriting accepted
X. 32,000
from primary dealers
XI. Devolvement on Primary Dealers NIL
Ajit Prasad
Press Release: 2025-2026/1833 Deputy General Manager
(Communications)