Mumbai, Jan. 23 -- The Reserve Bank of India on 23 January 2026 raised a total of Rs 33,000 crore through a government securities auction, with investor demand remaining firm across maturities and no devolvement on primary dealers.

The auction comprised three securities: New GS 2029 with a notified amount of Rs 9,000 crore, New GS 2033 for Rs 11,000 crore, and 7.24% GS 2055 for Rs 13,000 crore. Competitive bids received significantly exceeded the offer size for all three papers, underscoring sustained appetite for sovereign debt.

For the New GS 2029, bids worth Rs 19,105 crore were received. The cut-off price was set at 100.00, implying a yield of 6.0300%. The RBI accepted Rs 8,996.41 crore of competitive bids, with partial allotment ap...