**Summary:**
This press release from the Reserve Bank of India (RBI), dated August 08, 2025, announces the results of a full auction of Government Stocks. The auction included two Government Stock issuances: 6.28 GS 2032 and 7.09 GS 2074.
For the 6.28 GS 2032, the notified amount was ₹11,000 crore. The RBI received 193 competitive bids totaling ₹30,803.400 crore, accepting 62 bids for a total amount of ₹10,996.722 crore. The cutoff yield (YTM) was 6.3439, corresponding to a cutoff price of 99.64. The weighted average yield (WAY) was 6.3349. 4 non-competitive bids were received and accepted for a total of ₹3.278 crore. Partial allotment percentage of Competitive Bids was 63.7668 (14 bids). The full underwriting amount of ₹11,000 crore was accepted from primary dealers, with no devolvement on primary dealers.
For the 7.09 GS 2074, the notified amount was ₹14,000 crore. The RBI received 243 competitive bids totaling ₹39,778.284 crore, accepting 47 bids for a total amount of ₹13,983.429 crore. The cutoff yield (YTM) was 7.1793, corresponding to a cutoff price of 98.78. The weighted average yield (WAY) was 7.1673. 5 non-competitive bids were received and accepted for a total of ₹16.571 crore. Partial allotment percentage of Competitive Bids was 1.5908 (7 bids). The full underwriting amount of ₹14,000 crore was accepted from primary dealers, with no devolvement on primary dealers.
Contact information for the Department of Communication, Central Office, RBI is available at email helpdocrbi.org.in or phone 022 2266 0502. The website is www.rbi.org.in. This press release is numbered 2025-2026/869. Ajit Prasad, Deputy General Manager, Communications, is the contact person.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Mumbai, Maharashtra: City in India where the Reserve Bank of India's Central Office is located.
Government Stock: Refers to securities issued by the Government of India.
6.28 GS 2032: Government Stock with a coupon rate of 6.28% maturing in 2032.
7.09 GS 2074: Government Stock with a coupon rate of 7.09% maturing in 2074.
Primary Dealers: Financial institutions authorized to underwrite and trade in government securities.
Ajit Prasad: Deputy General Manager, Communications at Reserve Bank of India.