Document title: Government Stock - Full Auction Results
Issuing authority: Reserve Bank of India
Reference number: Press Release: 2026-2027/1039
Date: September 04, 2026
Capital Markets and Flows
The Reserve Bank of India released the full auction results for two series of new government securities, namely GS 2031 and GS 2066. The notified amounts were ₹21,000 crore for the 2031 series and ₹11,000 crore for the 2066 series. Competitive bidding attracted 137 bids for GS 2031 amounting to ₹49,886.000 crore and 241 bids for GS 2066 amounting to ₹34,980.000 crore.
The cut‑off price for the 2031 series was set at 100.00, corresponding to a yield‑to‑maturity (YTM) of 6.5300%, while the 2066 series cut‑off price was 100.58 with a YTM of 7.6618%. The weighted average yields (WAY) were 6.5163% for GS 2031 and 7.6570% for GS 2066.
Out of the competitive bids, 76 bids for GS 2031 and 72 bids for GS 2066 were accepted, representing amounts of ₹20,996.823 crore and ₹10,986.680 crore respectively. The partial allotment percentages of the accepted competitive bids were 35.1939% (covering 28 bids) for the 2031 series and 84.8966% (covering 11 bids) for the 2066 series.
Non‑competitive bids were modest, with 4 bids totalling ₹3.177 crore for GS 2031 and 3 bids totalling ₹13.320 crore for GS 2066; all non‑competitive bids were accepted in full.
Underwriting was fully satisfied, with the primary dealers underwriting the entire notified amounts of ₹21,000 crore for GS 2031 and ₹11,000 crore for GS 2066. No devolvement was required from primary dealers.
The press release was issued by Deputy General Manager Ajit Prasad of the RBI Communications Department.