Mumbai, July 25 -- The Government of India successfully raised Rs 36,000 crore through the auction of two benchmark securities, Rs 6,000 crore via the 5.91% GS 2028 and Rs 30,000 crore via the 6.33% GS 2035, held on 25 July 2025. The auctions attracted strong investor interest, with competitive and non-competitive bids significantly exceeding the notified amounts.
For the 5.91% GS 2028, the RBI received 98 competitive bids worth Rs 24,453 crore, against a notified amount of Rs 6,000 crore. Of this, Rs 5,998.14 crore was accepted across 15 bids. The cut-off price stood at Rs 100.27, translating to a yield-to-maturity (YTM) of 5.8061%, while the weighted average yield (WAY) settled at 5.7986%. A partial allotment of 17.12% was made for 9 o...
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