Press release 🌐 Macro 🌍 India

RBI Announces ₹36,000 Crore Government Bond Auction for October 9

The RBI will conduct a ₹36,000 crore government bond auction on October 9, 2026, featuring the 7.06% GS 2041 and 7.43% GS 2076 securities via the e-Kuber system.

🕐 1 min read

2 assets impacted. Net bias: 0 Bullish, 0 Bearish, 2 Neutral. Strongest signal: 7.06% GS 2041 → 5/10 (70% confidence).

📊 Affected Assets (2)

7.06% GS 2041
Neutral 🤖 70%
📅 Short-term 🌍 IN · Explicit

The Reserve Bank of India has announced a re-issue of the 7.06% GS 2041 security for a notified amount of ₹23,000 crore. The auction is scheduled for October 09, 2026, with settlement on October 12, 2026, and the government retains the option to accept an additional subscription of up to ₹2,000 crore.

Catalysts
  • • Scheduled auction date on October 09, 2026
  • • Eligibility for 'When Issued' trading from October 06 to October 09, 2026
Risk Factors
  • • Market volatility affecting the cut-off yield determined by the RBI
  • • Potential for the RBI to reject bids at its full discretion
▼ Show FAQ (2) ▲ Hide FAQ
What is the notified amount for this security?

The notified amount for the 7.06% GS 2041 is ₹23,000 crore.

When is the settlement date for the auction?

The settlement date for the successful bidders is October 12, 2026.

7.43% GS 2076
Neutral 🤖 70%
📅 Short-term 🌍 IN · Explicit

The Reserve Bank of India has announced a re-issue of the 7.43% GS 2076 security for a notified amount of ₹13,000 crore. This auction is part of a larger ₹36,000 crore government security sale, with the government retaining the option to retain an additional ₹2,000 crore subscription for this specific security.

Catalysts
  • • Scheduled auction date on October 09, 2026
  • • Eligibility for 'When Issued' trading from October 06 to October 09, 2026
Risk Factors
  • • Market demand fluctuations impacting the final auction price
  • • Liquidity risks inherent in ultra-long-dated securities
▼ Show FAQ (2) ▲ Hide FAQ
Can retail investors participate in this auction?

Yes, individual investors can place bids under the non-competitive scheme through the RBI Retail Direct portal.

What is the minimum bid size for these securities?

The minimum bid size is ₹10,000 and in multiples of ₹10,000 thereafter.

🎯 Key Takeaways

  • The auction includes ₹23,000 crore of 7.06% GS 2041 and ₹13,000 crore of 7.43% GS 2076.
  • The RBI retains the option to accept an additional ₹2,000 crore per security beyond the notified amount.
  • Settlement for the auction is scheduled for October 12, 2026, with 'When Issued' trading permitted starting October 6.

📝 Executive Summary

The Reserve Bank of India has scheduled a re-issue of two dated securities totaling ₹36,000 crore. The auction, set for October 9, 2026, includes the 7.06% GS 2041 and the 7.43% GS 2076, with an additional ₹2,000 crore greenshoe option available for each security.

❓ FAQ

How can investors participate in the RBI bond auction?

Investors can submit competitive and non-competitive bids electronically through the RBI's e-Kuber system. Individual investors may also utilize the Retail Direct portal.