Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Cut-off yields for 6.53% GS 2031 and 7.71% GS 2066 set at 7.3589% and 7.9339% respectively. No devolvement occurred, signaling robust demand in the government securities market.
The RBI has published complete results of the auction for 6.53% GS 2031 and 7.71% GS 2066, with competitive bids exceeding notified amounts. Cut-off yields were 7.3589% and 7.9339% respectively.
The RBI will auction ₹8,000 crore each of 91-day, 182-day, and 364-day Treasury Bills on October 28, 2026, with settlement on October 29, 2026. These auctions are part of the government's market borrowing program.
Several state governments, including Assam and Bihar, will auction a total of ₹23,300 crore in securities through yield-based auctions. Tenors range from 9 to 20 years, with the proceeds aimed at meeting fiscal requirements.
The Reserve Bank of India will conduct a 4-day Variable Rate Repo (VRR) auction on October 26, 2026, for ₹1,50,000 crore under the Liquidity Adjustment Facility (LAF). The auction will reverse on October 30, 2026, with bidding window between 9:30 AM and 10:00 AM.
Government of India reissued ₹33,000 crore worth of government securities on October 23, 2026, through an underwriting auction. Cut-off rate for underwriting commission set by RBI.
The final redemption date for Sovereign Gold Bond (SGB) 2018-19 Series-II, issued on October 23, 2018, falls on October 23, 2026, marking the completion of the 8-year tenure. Redemption price based on gold price average.
On October 22, 2026, the RBI conducted an overnight VRR auction, allotting ₹50,006 crore at a cut-off rate of 5.54%. Total bids received amounted to ₹1.62 lakh crore, with partial allotment at cut-off rate at 3.2%.
The Reserve Bank of India conducted a 3-day Variable Rate Repo (VRR) auction on October 23, 2026, allotting ₹50,003 crore against a notified amount of ₹50,000 crore. The cut-off rate was set at 5.58%, with a weighted average rate of 5.60%.
On October 21, 2026, the RBI conducted a conversion auction involving multiple government securities, allowing holders to switch older securities into longer-duration papers, including up to 2060.
The RBI published full auction results for the 6.94% Government Stock 2036, with ₹34,000 crore notified and ₹33,960.71 crore allotted. Competitive bids received totaled ₹94,072.12 crore across 400 bids, with a cut-off yield of 7.3955%.
The RBI will conduct auctions for 91-day, 182-day, and 364-day Treasury Bills on October 21, 2026, each with a notified amount of ₹8,000 crore. The settlement will occur on October 22, 2026.