Document title: Government Stock - Full Auction Results
Issuing authority: Reserve Bank of India
Reference number: Press Release 2026-2027/1297
Date: October 09, 2026
Capital Markets and Flows
The RBI released the full auction results for two government securities: the 7.06 % Government Stock maturing in 2041 and the 7.43 % Government Stock maturing in 2076. The notified amounts were ₹23,000 crore and ₹13,000 crore respectively. Competitive bids received totaled 369 bids amounting to ₹64,287.950 crore for the 2041 issue and 177 bids amounting to ₹27,815.000 crore for the 2076 issue. The cut‑off prices were ₹96.18 (yield to maturity 7.4898 %) for the 2041 issue and ₹95.33 (YTM 7.8015 %) for the 2076 issue. Competitive bids accepted comprised 106 bids worth ₹22,915.377 crore and 63 bids worth ₹12,991.249 crore respectively, representing partial allotment percentages of 81.3307 % (30 bids) and 72.9992 % (1 bid). The weighted average prices were ₹96.19 (WAY 7.4886 %) and ₹95.49 (WAY 7.7882 %). Non‑competitive bids of five bids totaling ₹84.623 crore for the 2041 issue and three bids totaling ₹8.751 crore for the 2076 issue were fully allotted.
Regulatory and Policy Measures
The underwriting amount for each issue matched the notified amount, with the full ₹23,000 crore and ₹13,000 crore accepted from primary dealers. No devolvement on primary dealers was recorded. The press release was issued by Deputy General Manager Ajit Prasad of the RBI Communications Department.
The auction results indicate strong investor participation in government securities, with competitive bid volumes exceeding the notified amounts and yields anchored around 7.5 % to 7.8 %.