Mumbai, Oct. 10 -- The government raised Rs 28,000 crore through the sale of two dated securities - the 6.68% GS 2040 and the 6.90% GS 2065 - in the latest weekly auction conducted by the Reserve Bank of India.

For the 6.68% GS 2040, the notified amount was Rs 16,000 crore. The cut-off price stood at 98.68, translating into a yield of 6.82%. Competitive bids worth Rs 46,598 crore were received, of which Rs 15,986 crore were accepted. The weighted average yield was 6.82%.

For the 6.90% GS 2065, the government accepted Rs 11,984 crore against bids totaling Rs 39,166 crore. The cut-off price was 96.53, implying a yield of 7.17%. The weighted average yield stood at 7.16%.

Non-competitive bids of Rs 14.14 crore for the 2040 paper and Rs 15....