The Reserve Bank of India (RBI) accepted all ₹33,000 crore notified across four Government of India securities, with cut-off yields spanning 7.1218% to 7.8459% in results released Oct. 30.
The accepted amounts matched the notified totals: ₹9,000 crore for the 6.20% GS 2029, ₹12,000 crore for the 6.57% GS 2033, ₹9,000 crore for the 7.63% GS 2056 and ₹3,000 crore for the 7.50% GOI SGrB 2056.
The cut-off prices and corresponding implicit yields were ₹97.69 and 7.1218% for the 2029 stock; ₹95.71 and 7.3818% for the 2033 stock; ₹97.51 and 7.8459% for the 7.63% 2056 stock; and ₹96.23 and 7.8292% for the SGrB 2056 security. The RBI recorded no devolvement on primary dealers in any of the four results.
The RBI also accepted the full ₹33,000 crore notified in an earlier two-stock auction, covered in EconoTimes’ previous government-stock auction report.
