Government Stock Auction Results: Cut-off Prices, April 24, 2026
Summary
RBI conducted a government securities auction on April 24, 2026 for four GOI stocks: 6.03% GS 2029, 6.68% GS 2033, 7.24% GS 2055, and New GOI SGrB 2056. Total notified amount was ₹32,000 crore across all four securities, with full acceptance of bids across all categories. Cut-off prices ranged from 96.20 to 99.30 with implicit yields between 6.3065% and 7.5628% depending on maturity. Devolvement on Primary Dealers was NIL across all categories, indicating successful market absorption of the government borrowing.
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What changed
RBI published the cut-off prices and auction results for four Government of India securities auctioned on April 24, 2026. The auction saw full subscription across all four securities with notified amounts of ₹11,000 crore (6.03% GS 2029), ₹11,000 crore (6.68% GS 2033), ₹5,000 crore (7.24% GS 2055), and ₹5,000 crore (New GOI SGrB 2056). Devolvement on Primary Dealers was NIL for all categories.
Primary Dealers and institutional investors participating in G-Sec auctions can reference these cut-off prices and yields for benchmarking future bids and portfolio strategy. The NIL devolvement indicates strong demand absorption at the accepted yield levels across the yield curve.
Archived snapshot
Apr 25, 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 24, 2026 |
| Government Stock - Auction Results: Cut-off |
| 6.03% GS 2029 | 6.68% GS 2033 | 7.24% GS 2055 | New GOI SGrB 2056 |
| I. | Notified Amount | ₹11,000 crore | ₹11,000 crore | ₹5,000 crore | ₹5,000 crore |
| II. | Cut off Price (₹) / Implicit Yield at cut-off | 99.30/6.3065% | 98.55/6.9501% | 96.20/7.5628% | 7.50% |
| III. | Amount accepted in the auction | ₹11,000 crore | ₹11,000 crore | ₹5,000 crore | ₹5,000 crore |
| IV. | Devolvement on Primary Dealers | NIL | NIL | NIL | NIL |
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2026-2027/135 | 6.03% GS 2029 | 6.68% GS 2033 | 7.24% GS 2055 | New GOI SGrB 2056 | I. | Notified Amount | ₹11,000 crore | ₹11,000 crore | ₹5,000 crore | ₹5,000 crore | II. | Cut off Price (₹) / Implicit Yield at cut-off | 99.30/6.3065% | 98.55/6.9501% | 96.20/7.5628% | 7.50% | III. | Amount accepted in the auction | ₹11,000 crore | ₹11,000 crore | ₹5,000 crore | ₹5,000 crore | IV. | Devolvement on Primary Dealers | NIL | NIL | NIL | NIL |
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