Mumbai, Sept. 12 -- The Reserve Bank of India (RBI) on Friday (12 September) completed the auction of two government securities, raising Rs 28,000 crore in line with the notified amount.

The 6.01% GS 2030 bond attracted bids worth Rs 41,029 crore against the notified Rs 15,000 crore, with Rs 14,992 crore accepted. The cut-off yield was set at 6.29%, while the weighted average yield stood at 6.27%.

For the 7.24% GS 2055 bond, bids worth Rs 54,217 crore were received against the notified Rs 13,000 crore, with Rs 12,922 crore accepted. The cut-off yield came in at 7.24% and the weighted average yield at 7.23%.

Non-competitive bids worth Rs 7.68 crore in the 6.01% GS 2030 and Rs 77.87 crore in the 7.24% GS 2055 were fully accepted. There w...