Government Stock Auction Results: 6.36% GS 2031 and 6.90% GS 2065
Summary
RBI announced results of the Full Auction for two Government Stock series conducted on April 17, 2026. The 6.36% GS 2031 (notified: ₹21,000 crore) attracted 295 competitive bids totaling ₹52,300 crore with a cut-off yield of 6.6075%. The 6.90% GS 2065 (notified: ₹11,000 crore) attracted 262 competitive bids totaling ₹30,085 crore with a cut-off yield of 7.5870%. Partial allotments were required for both securities at 25.12% and 34.39% respectively. No devolvement occurred on primary dealers.
What changed
The RBI released official auction results for two Government Stock tranches totaling ₹32,000 crore in notified amount. For the 6.36% GS 2031, competitive bids of ₹52,300 crore were received against a ₹21,000 crore notification, resulting in a weighted average yield of 6.5977%. For the 6.90% GS 2065, competitive bids of ₹30,085 crore were received against an ₹11,000 crore notification, with a weighted average yield of 7.5801%. Non-competitive bids accounted for ₹11.805 crore and ₹38.438 crore respectively.
Primary dealers and investors participating in government securities auctions should note the successful completion of both tranches with no devolvement, indicating healthy market demand. The partial allotment percentages (25.12% for GS 2031 and 34.39% for GS 2065) reflect significant oversubscription, demonstrating continued investor appetite for Indian government debt across different maturity profiles.
Archived snapshot
Apr 18, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Press Releases
| () |
| Date : Apr 17, 2026 |
| Government Stock - Full Auction Results |
| | (Amount in ₹ Crore) |
| Auction Results | | 6.36% GS 2031 | 6.90% GS 2065 |
| I. | Notified Amount | 21,000 | 11,000 |
| II. | Competitive Bids Received |
| (i) Number | 295 | 262 | |
| (ii) Amount | 52,300.000 | 30,085.000 | |
| III. | Cut-off price / Yield | 98.98 | 91.44 |
| (YTM: 6.6075%) | (YTM: 7.5870%) |
| IV. | Competitive Bids Accepted |
| (i) Number | 128 | 113 | |
| (ii) Amount | 20,988.195 | 10,961.562 | |
| V. | Partial Allotment Percentage of Competitive Bids | 25.1217% | 34.3892% |
| (30 bids) | (7 bids) |
| VI. | Weighted Average Price/Yield | 99.02 | 91.52 |
| (WAY: 6.5977%) | (WAY: 7.5801%) |
| VII. | Non-Competitive Bids Received |
| (i) Number | 6 | 7 | |
| (ii) Amount | 11.805 | 38.438 | |
| VIII. | Non-Competitive Bids Accepted |
| (i) Number | 6 | 7 | |
| (ii) Amount | 11.805 | 38.438 | |
| (iii) Partial Allotment Percentage |
| IX. | Underwriting Notified Amount | 21,000 | 11,000 |
| X. | Amount of Underwriting accepted from primary dealers | 21,000 | 11,000 |
| XI. | Devolvement on Primary Dealers | NIL | NIL |
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2026-2027/98 | (Amount in ₹ Crore) | Auction Results | | 6.36% GS 2031 | 6.90% GS 2065 | I. | Notified Amount | 21,000 | 11,000 | II. | Competitive Bids Received | (i) Number | 295 | 262 | (ii) Amount | 52,300.000 | 30,085.000 | III. | Cut-off price / Yield | 98.98 | 91.44 | (YTM: 6.6075%) | (YTM: 7.5870%) | IV. | Competitive Bids Accepted | (i) Number | 128 | 113 | (ii) Amount | 20,988.195 | 10,961.562 | V. | Partial Allotment Percentage of Competitive Bids | 25.1217% | 34.3892% | (30 bids) | (7 bids) | VI. | Weighted Average Price/Yield | 99.02 | 91.52 | (WAY: 6.5977%) | (WAY: 7.5801%) | VII. | Non-Competitive Bids Received | (i) Number | 6 | 7 | (ii) Amount | 11.805 | 38.438 | VIII. | Non-Competitive Bids Accepted | (i) Number | 6 | 7 | (ii) Amount | 11.805 | 38.438 | (iii) Partial Allotment Percentage | IX. | Underwriting Notified Amount | 21,000 | 11,000 | X. | Amount of Underwriting accepted from primary dealers | 21,000 | 11,000 | XI. | Devolvement on Primary Dealers | NIL | NIL |
| (Amount in ₹ Crore) |
| I. | Notified Amount | 21,000 | 11,000 |
| II. | Competitive Bids Received |
| (i) Number | 295 | 262 |
| (ii) Amount | 52,300.000 | 30,085.000 |
| III. | Cut-off price / Yield | 98.98 | 91.44 |
| (YTM: 6.6075%) | (YTM: 7.5870%) |
| IV. | Competitive Bids Accepted |
| (i) Number | 128 | 113 |
| (ii) Amount | 20,988.195 | 10,961.562 |
| (30 bids) | (7 bids) |
| (WAY: 6.5977%) | (WAY: 7.5801%) |
| VII. | Non-Competitive Bids Received |
| (i) Number | 6 | 7 |
| (ii) Amount | 11.805 | 38.438 |
| VIII. | Non-Competitive Bids Accepted |
| (i) Number | 6 | 7 |
| (ii) Amount | 11.805 | 38.438 |
| (iii) Partial Allotment Percentage |
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