Mumbai, Jan. 16 -- The Reserve Bank of India on Friday announced the results of its latest government securities auction, raising a total of Rs 31,000 crore through the sale of two long-dated bonds, with investor demand remaining firm and no devolvement on primary dealers.

The auction included the 6.01% Government Security 2030, with a notified amount of Rs 18,000 crore, and a new Government Security 2076, notified for Rs 13,000 crore. Competitive bids for the 2030 paper stood at Rs 54,460.23 crore, nearly three times the notified amount, while bids for the 2076 bond totalled Rs 37,390 crore.

The cut-off price for the 6.01% GS 2030 was set at 98.21, implying a yield of 6.4743%. The RBI accepted Rs 17,998.53 crore of competitive bids, wi...