RBI auctioned ₹33,000 crore in government securities. Yields ranged from 7.12% to 7.85%, with full subscription across tranches.
Full Results of Government Securities Auction
The Reserve Bank of India successfully concluded the auction of government securities totaling ₹33,000 crore. The auction included three dated securities and one sovereign gold bond tranche: ₹9,000 crore of 6.20% GS 2029, ₹12,000 crore of 6.57% GS 2033, ₹9,000 crore of 7.63% GS 2056, and ₹3,000 crore of 7.50% GOI Sovereign Gold Bond 2056.
All tranches were fully subscribed. The cut-off yields were 7.1218%, 7.3818%, 7.8459%, and 7.8292% respectively. Competitive bids received exceeded notified amounts across all instruments, with total bids aggregating over ₹42,000 crore, indicating strong investor appetite.
The successful auction at marginal yield increases signals stable demand for government debt despite rising maturity profiles. Legal professionals handling debt issuance and institutional investments should analyse allotment patterns and yield benchmarks for upcoming public sector borrowing.
