Government Bond Auction Results: November 6, 2026
The government successfully concluded its latest stock auction on November 6, 2026, with full subscription for both issued securities. The auction, overseen by Deputy General Manager (Communications) Ajit Prasad, saw no devolvement on primary dealers for either bond series.
For the 7.06% GS 2041 bond, the government accepted the full notified amount of ₹23,000 crore. The cut-off price was set at ₹97.07, resulting in an implicit yield of 7.3881%.
Additionally, the 7.43% GS 2076 bond auction also met its target, with ₹13,000 crore accepted at a cut-off price of ₹95.70. This reflects an implicit yield of 7.7708% for the longer-dated security.
Why it matters
These auction results provide key benchmarks for long-term interest rates, offering investors insight into current government borrowing costs and market appetite for sovereign debt.
FAQ
What was the total amount accepted for the 7.06% GS 2041 bond?
The government accepted the full notified amount of ₹23,000 crore.
Did primary dealers have to absorb any unsold stock?
No, there was nil devolvement on primary dealers for either of the bond auctions.
What was the implicit yield for the 7.43% GS 2076 bond?
The implicit yield at the cut-off price was 7.7708%.
Source: RBI Press Releases. See the original source for full details.
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