Mumbai, March 6 -- The Reserve Bank of India on 6 March 2026 conducted the full auction of two dated government securities, attracting strong investor participation across both tenors and witnessing no devolvement on primary dealers.

The auction included the 6.68% Government Security 2040 with a notified amount of Rs 16,000 crore and the 6.90% Government Security 2065 with a notified size of Rs 13,000 crore.

Investor demand comfortably exceeded the notified amounts. The 6.68% GS 2040 received 298 competitive bids amounting to Rs 46,871.86 crore, nearly three times the amount on offer. Meanwhile, the 6.90% GS 2065 drew 287 bids worth Rs 42,381.35 crore, translating into more than three times subscription.

The 6.68% GS 2040 was auctioned...