Press release 🌐 Macro 🌍 India

RBI Announces ₹33,000 Crore Government Bond Auction for October 23

The RBI will conduct a ₹33,000 crore government bond auction on October 23, 2026, featuring the 6.53% GS 2031 and 7.71% GS 2066 securities, with an additional greenshoe option of ₹4,000 crore.

🕐 1 min read

2 assets impacted. Net bias: 0 Bullish, 0 Bearish, 2 Neutral. Strongest signal: 6.53% GS 2031 → 3/10 (70% confidence).

📊 Affected Assets (2)

6.53% GS 2031
Neutral 🤖 70%
📅 Short-term 🌍 IN · Explicit

RBI announced re-issue auction of 6.53% GS 2031 for ₹19,000 crore with option to retain additional ₹2,000 crore.

7.71% GS 2066
Neutral 🤖 70%
📅 Short-term 🌍 IN · Explicit

RBI announced re-issue auction of 7.71% GS 2066 for ₹14,000 crore with option to retain additional ₹2,000 crore.

🎯 Key Takeaways

  • The auction covers ₹19,000 crore of 6.53% GS 2031 and ₹14,000 crore of 7.71% GS 2066.
  • The government retains an additional subscription option of up to ₹2,000 crore per security.
  • Bidding occurs on October 23, 2026, using the multiple price method on the e-Kuber platform.

📝 Executive Summary

The Reserve Bank of India has scheduled a re-issue auction for two dated securities totaling ₹33,000 crore. The auction includes the 6.53% GS 2031 and the 7.71% GS 2066, with the government retaining the option to accept an additional ₹2,000 crore for each security. Bidding will take place on October 23, 2026, via the e-Kuber system.

❓ FAQ

When will the auction take place and how can bids be submitted?

The auction is scheduled for October 23, 2026. Bids must be submitted electronically via the Reserve Bank of India's Core Banking Solution (e-Kuber system).