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Date : Feb 23, 2026

Result: Conversion/Switch Auction of Government of India Securities

A.

Source Security

6.97% GS 2026

6.97% GS 2026

5.74% GS 2026

8.15% GS 2026

8.24% GS 2027

8.24% GS 2027

B.

Notified Amount (in Rs crore)

3,000

2,000

4,000

6,000

7,000

3,000

Destination Security

8.32% GS 2032

7.50% GS 2034

7.62% GS 2039

6.57% GS 2033

6.57% GS 2033

7.40% GS 2062

C.

i. No. of offers received

23

21

6

7

13

2

ii. Total amount of Source Security offered (Face value, in Rs crore)

3,352.363

2,410.968

1,123.583

5,305.000

5,745.000

2,025.000

iii. No. of offers accepted

17

10

4

6

9

0

iv. Total amount of source security accepted (Face value, in Rs crore)

2,952.363

1,860.968

1,105.000

3,805.000

5,645.000

0

v. Total amount of destination security issued (Face value, in Rs crore)

2,741.429

1,784.603

1,051.438

3,907.839

5,840.185

0

vi. Cut-off price (Rs) / yield (%) for destination security

108.28/6.7136

104.96/6.7212

105.10/7.0296

99.03/6.7299

99.04/6.7283

NA

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/2155