Document title: Government Stock - Auction Results: Cut-off
Issuing authority: Reserve Bank of India, Department of Communication
Reference number: Press Release: 2026-2027/1296
Date: 09 October 2026
Capital Markets and Flows
The RBI announced the cut‑off price for the Government Stock (GS) 2041 issue, bearing a 7.06 % coupon, at ₹96.18 per 100 rupees, which corresponds to an implicit yield of 7.4898 %. For the GS 2076 issue, with a 7.43 % coupon, the cut‑off price was set at ₹95.33 per 100 rupees, yielding 7.8015 %. The notified amount for GS 2041 was ₹23,000 crore and for GS 2076 was ₹13,000 crore; the full notified amounts were accepted in the auction. No devolvement was required from primary dealers for either series, indicating complete subscription by investors. The press release was issued by Deputy General Manager Ajit Prasad, Communications, on 9 October 2026.