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Reserve Bank of India Press Releases·IN·

Conversion/Switch of Government of India Securities

Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹20,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction Source Securities Amount (FV) of Source Securities (in ₹ crore) Destination Securities October 19, 2026 (Monday) 8.26% GS 2027 (Maturing on Aug 02, 2027) 2,000 7.19% GS 2060 (Maturing on Sep 15, 2060) 7.17% GS 2028 (Maturing on Jan 08, 2028) 3,000 7.41% GS 2036 (Maturing on Dec 19, 2036) 7.06% GS 2028 (Maturing on Apr 10, 2028) 3,000 7.23% GS 2039 (Maturing on Apr 15, 2039) 7.26% GS 2029 (Maturing on Jan 14, 2029) 4,000 6.64% GS 2035 (Maturing on Jun 16, 2035) 6.03% GS 2029 (Maturing on Jan 27, 2029) 4,000 7.50% GS 2034 (Maturing on Aug 10, 2034) 6.79% GS 2029 (Maturing on Dec 26, 2029) 4,000 7.57% GS 2033 (Maturing on Jun 17, 2033) Total 20,000 The market participants are required to place their bids in Reserve Bank of India Core Banking Solution (e-Kuber) giving the amount of the source security and the price of the source and destination security expressed in Indian Rupees up to two decimal places. The auction will be a multiple-price based auction, i.e.,

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