RBI Government Stock Auction ₹34,000 Cr Cut-off

Document title: Government Stock - Auction Results: Cut-off

Issuing authority: Reserve Bank of India, Department of Communication

Reference number: Press Release 2026-2027/1491

Date: November 13, 2026

Capital Markets and Flows

The Reserve Bank of India released the auction results for the Government Stock of the fiscal year 2026‑2027. The notified amount for the auction was ₹34,000 crore, and the entire amount was accepted at the cut‑off. The cut‑off price was fixed at 97.43, which corresponds to an implicit yield of 7.3203% at the cut‑off level. No devolvement was required from primary dealers, as indicated by a NIL entry. The press release was issued by Deputy General Manager Ajit Prasad of the Communications division.

Overall, the auction was fully subscribed at the stated price, reflecting market absorption of the notified government securities without the need for dealer support.