Press release
🌐 Macro
📊 Neutral
🌍 India
RBI Auctions ₹33,000 Crore in Government Securities Across Two Tenors
The RBI completed its latest government bond auction, accepting the full notified amount of ₹19,000 crore for the 2031 maturity and ₹14,000 crore for the 2066 maturity with zero devolvement on primary dealers.
Impact
10/10
💡 Key Takeaways
- RBI successfully auctioned ₹33,000 crore in total government debt.
- The 2031 security yield settled at 7.3589%, while the 2066 security yield reached 7.9339%.
- Primary dealers reported zero devolvement, indicating strong market demand for the sovereign paper.
📋 Executive Summary
The Reserve Bank of India successfully auctioned ₹33,000 crore in government securities, meeting the full notified amount for both the 2031 and 2066 bonds. The 6.53% GS 2031 paper printed at a 7.3589% yield, while the 7.71% GS 2066 security cleared at a 7.9339% yield.
📊 Sentiment Analysis
Sentiment
📊 Neutral
Impact Score
10/10
Region
🌍 India
Asset Class
🌐 Macro
❓ Frequently Asked Questions
The RBI accepted a total of ₹33,000 crore, comprising ₹19,000 crore for the 2031 GS and ₹14,000 crore for the 2066 GS.
No, there was nil devolvement on primary dealers, signaling that the auction was fully subscribed by the market.
📰 Source
📅 Originally published:
⚠️ Disclaimer: This content is for training purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.