Mumbai, April 2 -- The Reserve Bank of India on 2 April 2026 conducted the auction of two dated government securities, drawing healthy investor demand across both tenors.

The auction included the 6.68% Government Security 2040 with a notified amount of Rs 17,000 crore and the 7.43% Government Security 2076 for Rs 12,000 crore.

Demand remained firm, with the 6.68% GS 2040 receiving 240 competitive bids amounting to Rs 32,591.30 crore, nearly twice the notified size. The 7.43% GS 2076 attracted 120 bids aggregating Rs 26,999.00 crore, translating into over 2.2 times subscription.

The 6.68% GS 2040 was auctioned at a cut-off price of Rs 92.63, corresponding to a yield of 7.5303%. The weighted average price stood higher at Rs 92.76, with a...