What changed

RBI held a government securities auction on April 2, 2026, for two dated stocks: 6.68% GS 2040 (maturing 2040) and 7.43% GS 2076 (maturing 2076). The notified amounts were ₹17,000 crore and ₹12,000 crore respectively, totaling ₹29,000 crore. Both tranches were fully accepted at cut-off prices of ₹92.63 (yield 7.5303%) and ₹94.38 (yield 7.8812%). No devolvement occurred on Primary Dealers.\n\nThis is a routine auction result announcement documenting the outcome of India's monthly government borrowing program. No compliance actions or deadlines are associated with this press release. Market participants tracking government securities yields and debt management operations may reference these results for benchmark pricing purposes. The press release reference number is 2026-2027/11.

Source document (simplified)

Press Releases

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| Date : Apr 02, 2026 | | | | | | | | | | | | | | | | | | | | | |
| Government Stock - Auction Results: Cut-off | | | | | | | | | | | | | | | | | | | | | |
| | \| \| \| 6.68% GS 2040 \| 7.43% GS 2076 \|
\| I. \| Notified Amount \| ₹17,000 crore \| ₹12,000 crore \|
\| II. \| Cut off Price (₹) / Implicit Yield at cut-off \| 92.63/7.5303% \| 94.38/7.8812% \|
\| III. \| Amount accepted in the auction \| ₹17,000 crore \| ₹12,000 crore \|
\| IV. \| Devolvement on Primary Dealers \| NIL \| NIL \|
Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2026-2027/11 | | | 6.68% GS 2040 | 7.43% GS 2076 | I. | Notified Amount | ₹17,000 crore | ₹12,000 crore | II. | Cut off Price (₹) / Implicit Yield at cut-off | 92.63/7.5303% | 94.38/7.8812% | III. | Amount accepted in the auction | ₹17,000 crore | ₹12,000 crore | IV. | Devolvement on Primary Dealers | NIL | NIL |
| | | 6.68% GS 2040 | 7.43% GS 2076 | | | | | | | | | | | | | | | | | |
| I. | Notified Amount | ₹17,000 crore | ₹12,000 crore | | | | | | | | | | | | | | | | | |
| II. | Cut off Price (₹) / Implicit Yield at cut-off | 92.63/7.5303% | 94.38/7.8812% | | | | | | | | | | | | | | | | | |
| III. | Amount accepted in the auction | ₹17,000 crore | ₹12,000 crore | | | | | | | | | | | | | | | | | |
| IV. | Devolvement on Primary Dealers | NIL | NIL | | | | | | | | | | | | | | | | | | | | | | 6.68% GS 2040 | 7.43% GS 2076 |
| I. | Notified Amount | ₹17,000 crore | ₹12,000 crore |
| II. | Cut off Price (₹) / Implicit Yield at cut-off | 92.63/7.5303% | 94.38/7.8812% |
| III. | Amount accepted in the auction | ₹17,000 crore | ₹12,000 crore |
| IV. | Devolvement on Primary Dealers | NIL | NIL |
Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2026-2027/11 | | | 6.68% GS 2040 | 7.43% GS 2076 | I. | Notified Amount | ₹17,000 crore | ₹12,000 crore | II. | Cut off Price (₹) / Implicit Yield at cut-off | 92.63/7.5303% | 94.38/7.8812% | III. | Amount accepted in the auction | ₹17,000 crore | ₹12,000 crore | IV. | Devolvement on Primary Dealers | NIL | NIL |
| | | | 6.68% GS 2040 | 7.43% GS 2076 |
| I. | Notified Amount | ₹17,000 crore | ₹12,000 crore |
| II. | Cut off Price (₹) / Implicit Yield at cut-off | 92.63/7.5303% | 94.38/7.8812% |
| III. | Amount accepted in the auction | ₹17,000 crore | ₹12,000 crore |
| IV. | Devolvement on Primary Dealers | NIL | NIL |
Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2026-2027/11 | | | 6.68% GS 2040 | 7.43% GS 2076 | I. | Notified Amount | ₹17,000 crore | ₹12,000 crore | II. | Cut off Price (₹) / Implicit Yield at cut-off | 92.63/7.5303% | 94.38/7.8812% | III. | Amount accepted in the auction | ₹17,000 crore | ₹12,000 crore | IV. | Devolvement on Primary Dealers | NIL | NIL | |
| | | 6.68% GS 2040 | 7.43% GS 2076 | | | | | | | | | | | | | | | | | | |
| I. | Notified Amount | ₹17,000 crore | ₹12,000 crore | | | | | | | | | | | | | | | | | | |
| II. | Cut off Price (₹) / Implicit Yield at cut-off | 92.63/7.5303% | 94.38/7.8812% | | | | | | | | | | | | | | | | | | |
| III. | Amount accepted in the auction | ₹17,000 crore | ₹12,000 crore | | | | | | | | | | | | | | | | | | |
| IV. | Devolvement on Primary Dealers | NIL | NIL | | | | | | | | | | | | | | | | | | |