Government Stock - Auction Results: Cut-off

The Reserve Bank of India announced auction results for government stocks. For 7.06% GS 2041, the notified amount was ₹23,000 crore, cut-off price ₹97.07 with implicit yield 7.3881%, and amount accepted ₹23,000 crore. For 7.43% GS 2076, notified ₹13,000 crore, cut-off ₹95.70, yield 7.7708%, accepted ₹13,000 crore. Devolvement on primary dealers was nil.