Mumbai, Dec. 26 -- The Reserve Bank of India on Friday announced the results of its December 26 government securities auction, raising Rs 32,000 crore through the sale of three dated securities, with demand remaining robust across maturities and no devolvement on primary dealers.

The auction featured the 5.91% GS 2028 for a notified amount of Rs 9,000 crore, the 6.28% GS 2032 for Rs 11,000 crore and the long tenor 7.24% GS 2055 for Rs 12,000 crore.

The 5.91% GS 2028 attracted 75 competitive bids worth Rs 22,375 crore, reflecting demand of over 2.4 times the amount on offer. The cut off price was set at 100.18, translating into a yield of 5.8316%. The central bank accepted 28 bids amounting to Rs 8,996.01 crore, with partial allotment of...