On November 28, 2025, the Reserve Bank of India released the results of the Government Stock Full Auction.
The notified amounts and auction results are as follows:
* 5.91% GS 2028: Notified Amount: 9,000 Crore; Competitive Bids Received: 81 bids for 27,705.000 Crore; Cut-off Yield: 5.7808%; Competitive Bids Accepted: 13 bids for 8,991.667 Crore and 30.9524% of Competitive Bids (2 bids); Weighted Average Yield: 5.7723%; Non-Competitive Bids Received: 4 bids for 8.333 Crore; Non-Competitive Bids Accepted: 4 bids for 8.333 Crore; Underwriting Notified Amount: 9,000 Crore and Amount of Underwriting Accepted from Primary Dealers: 9,000 Crore.
* 6.28% GS 2032: Notified Amount: 11,000 Crore; Competitive Bids Received: 192 bids for 31,172.000 Crore; Cut-off Yield: 6.4343%; Competitive Bids Accepted: 61 bids for 10,984.876 Crore and 86.4813% of Competitive Bids (21 bids); Weighted Average Yield: 6.4286%; Non-Competitive Bids Received: 6 bids for 15.124 Crore; Non-Competitive Bids Accepted: 6 bids for 15.124 Crore; Underwriting Notified Amount: 11,000 Crore and Amount of Underwriting Accepted from Primary Dealers: 11,000 Crore.
* 7.24% GS 2055: Notified Amount: 7,000 Crore; Competitive Bids Received: 166 bids for 15,254.450 Crore; Cut-off Yield: 7.2875%; Competitive Bids Accepted: 91 bids for 6,970.955 Crore and 92.2318% of Competitive Bids (3 bids); Weighted Average Yield: 7.2800%; Non-Competitive Bids Received: 7 bids for 29.045 Crore; Non-Competitive Bids Accepted: 7 bids for 29.045 Crore; Underwriting Notified Amount: 7,000 Crore and Amount of Underwriting Accepted from Primary Dealers: 7,000 Crore.
* 6.98% GOI SGrB 2054: Notified Amount: 5,000 Crore; Competitive Bids Received: 61 bids for 11,404.999 Crore; Cut-off Yield: 7.2094%; Competitive Bids Accepted: 1 bids for 4,996.992 Crore and 99.9398% of Competitive Bids (1 bids); Weighted Average Yield: 7.2094%; Non-Competitive Bids Received: 3 bids for 3.008 Crore; Non-Competitive Bids Accepted: 3 bids for 3.008 Crore; Underwriting Notified Amount: 5,000 Crore and Amount of Underwriting Accepted from Primary Dealers: 5,000 Crore.
No devolvement on primary dealers occurred for any of the mentioned government stocks.
The press release number for this announcement is 2025-2026/1579. For further information, contact Ajit Prasad, Deputy General Manager (Communications).
Key Entities Referenced
Reserve Bank of India: The central bank of India, conducting the auction.
Government Stock: The financial instrument being auctioned.
Primary Dealers: Entities involved in underwriting and devolvement related to the stock auction.