MUMBAI, India, Feb. 17 -- Reserve Bank of India issued the following press release:

Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹25,000 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 February 23, 2026

(Monday) 6.97% GS 2026

(Maturing on Sep 06, 2026) 3,000 8.32% GS 2032

(Maturing on Aug 02, 2032) 6.97% GS 2026

(Maturing on Sep 06, 2026) 2,000 7.50% GS 2034

(Maturing on Aug 10, 2034) 5.74% GS 2026

(Maturing on Nov 15, 2026) 4,000 7.62% GS 2039

(Maturing on Sep 15, 2039) 8.15% GS 2026

(Maturing on Nov 24, 20...