RBI conducted a conversion/switch auction of GOI securities on May 18, 2026, covering four series with total notified amount ₹16,000 crore.
Total offers received amounted to ₹23,? crore, with accepted source securities worth ₹8,773.116 crore and destination securities issued worth ₹8,970.229 crore.
Cut‑off yields across the series ranged from 7.0497% to 7.1417%, indicating tight pricing in the government securities market.