The Reserve Bank of India (RBI) released the results of the full auction for Government Stock 6.48% GS 2035 on December 05, 2025. The notified amount was ₹32,000 crore. The number of competitive bids received was 334, totaling ₹65,371.890 crore. The cut-off price/yield was 99.93 (YTM: 6.4881%). Competitive bids accepted numbered 206, totaling ₹31,985.327 crore, with a partial allotment percentage of 17.5059% (16 bids). The weighted average price/yield was 99.98 (WAY: 6.4812%). Non-competitive bids received numbered 6, totaling ₹14.673 crore, with 6 non-competitive bids accepted, totaling ₹14.673 crore. The underwriting notified amount was ₹32,000 crore and the amount of underwriting accepted from primary dealers was ₹32,000 crore. There was no devolvement on primary dealers. The press release number is 2025-2026/1639. Ajit Prasad, Deputy General Manager (Communications), can be contacted for more information.
Key Entities Referenced
Reserve Bank of India: Central bank of India responsible for monetary policy and regulation of the banking system.
6.48% GS 2035: Government Stock (GS) being auctioned, maturing in 2035, with a coupon rate of 6.48%.
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
December 05, 2025
Government Stock - Full Auction Results
(Amount in ₹ Crore)
Auction Results 6.48% GS 2035
I. Notified Amount 32,000
Competitive Bids Received
II. (i) Number 334
(ii) Amount 65,371.890
99.93
III. Cut-off price / Yield
(YTM: 6.4881%)
Competitive Bids Accepted
IV. (i) Number 206
(ii) Amount 31,985.327
Partial Allotment Percentage of 17.5059%
V.
Competitive Bids (16 bids)
99.98
VI. Weighted Average Price/Yield
(WAY: 6.4812%)
Non-Competitive Bids Received
VII. (i) Number 6
(ii) Amount 14.673
Non-Competitive Bids Accepted
(i) Number 6
VIII.
(ii) Amount 14.673
(iii) Partial Allotment Percentage
IX. Underwriting Notified Amount 32,000
Amount of Underwriting accepted from
X. 32,000
primary dealers
XI. Devolvement on Primary Dealers NIL
Ajit Prasad
Press Release: 2025-2026/1639 Deputy General Manager
(Communications)