Document title: Government Stock - Full Auction Results
Issuing authority: Reserve Bank of India, Department of Communication
Reference number: Press Release: 2026-2027/1144
Date: September 18, 2026
Capital Markets and Flows
The Reserve Bank of India announced the results of the full auction for two government securities: the 7.06% Government Stock maturing in 2041 (GS 2041) and the 7.43% Government Stock maturing in 2076 (GS 2076). The notified amounts were ₹17,000 crore for GS 2041 and ₹11,000 crore for GS 2076.
Competitive bids received amounted to ₹36,467.000 crore across 259 bids for GS 2041 and ₹28,172.000 crore across 163 bids for GS 2076. The cut‑off price was ₹98.45 for GS 2041 (yield to maturity 7.2305%) and ₹96.73 for GS 2076 (yield to maturity 7.6863%).
Competitive bids accepted comprised 128 bids totaling ₹16,944.261 crore for GS 2041 and 58 bids totaling ₹10,965.727 crore for GS 2076. The partial allotment percentages of competitive bids were 26.2005% (covering 24 bids) for GS 2041 and 62.8395% (covering 4 bids) for GS 2076. The weighted average price (WAY) was ₹98.48 for GS 2041 (WAY yield 7.2271%) and ₹96.81 for GS 2076 (WAY yield 7.6798%).
Non‑competitive bids received and accepted were 4 bids amounting to ₹55.739 crore for GS 2041 and 4 bids amounting to ₹34.273 crore for GS 2076, both fully allotted.
Underwriting was fully satisfied by primary dealers for the entire notified amounts: ₹17,000 crore for GS 2041 and ₹11,000 crore for GS 2076, with no devolvement on primary dealers.
The press release was signed by Ajit Prasad, Communications, and issued by the Deputy General Manager of the RBI.