The Reserve Bank of India accepted the full ₹36,000 crore notified for two government stocks, setting auction yields for the 2041 and 2076 issues, according to the central bank’s Nov. 6 results.
The RBI accepted ₹23,000 crore for 7.06% GS 2041 and ₹13,000 crore for 7.43% GS 2076, matching the notified amount for each stock.
The 2041 stock’s cut-off price was ₹97.07, corresponding to an implicit yield of 7.3881%. For the 2076 issue, the cut-off price was ₹95.70 and the implicit yield was 7.7708%. The RBI recorded no devolvement on primary dealers for either security.
