MUMBAI, India, May 13 -- 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 ₹30,000 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 May 18,

2026

(Monday) 6.79% GS 2027

(Maturing on May 15, 2027) 3,000 6.67% GS 2035

(Maturing on Dec 15, 2035) 6.64% GS 2027

(Maturing on Dec 09, 2027) 3,000 6.64% GS 2035

(Maturing on Jun 16, 2035) 7.06% GS 2028

(Maturing on Apr 10, 2028) 5,000 7.41% GS 2036

(Maturing on Dec 19, 2036) 8.60% GS 2028

(Maturing on Jun 02, 2028) 3...