Mumbai, June 20 -- In the latest government securities auction held on 20 June 2025, the Reserve Bank of India successfully raised Rs 27,000 crore through two issuances: the 6.75% GS 2029 and the 7.09% GS 2054. The response from the market was robust, particularly for the longer-tenure 2054 paper, which drew significant interest from institutional investors.

For the 6.75% GS 2029, the RBI had set a notified amount of Rs 15,000 crore. A total of 198 competitive bids poured in, amounting to Rs 38,560.61 crore, more than twice the intended amount. Ultimately, 83 bids were accepted, resulting in a final allocation of Rs 14,994.54 crore. The cut-off price was set at 102.85, translating to a yield of 6.0176%. The weighted average yield for thi...