RBI raises Rs 34,000 crore through 10-year bond auction; cut-off yield at 7.32%
Mumbai, Nov. 13 -- The Reserve Bank of India raised Rs 34,000 crore through the auction of the 6.94% GS 2036 on Friday, 13 November 2026, against the notified amount of Rs 34,000 crore. The government bond auction attracted competitive bids worth Rs 73,016.60 crore, more than twice the notified amount.
The security was priced at Rs 97.43, translating into a cut-off yield of 7.3203%. The weighted average price stood at Rs 97.46, with a weighted average yield of 7.3158%.
The auction received 349 competitive bids, of which 146 bids were accepted, raising Rs 33,947.72 crore. Partial allotments were made across 34 bids, with the allotment percentage at 18.3591%.
Non-competitive bids worth Rs 52.28 crore were received across eight bids and a...
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