MUMBAI, India, April 25 -- Reserve Bank of India issued the following press release:
Auction Results 6.75% GS 2029 7.09% GS 2054 I. Notified Amount ₹15,000 crore ₹12,000 crore II. Underwriting Notified Amount ₹15,000 crore ₹12,000 crore III. Competitive Bids Received (i) Number 200 219 (ii) Amount ₹42,433.000 crore ₹32,418.000 crore IV. Cut-off price / Yield 102.35 103.46 (YTM: 6.1587%) (YTM: 6.8145%) V. Competitive Bids Accepted (i) Number 98 59 (ii) Amount ₹14,994.156 crore ₹11,988.401 crore VI. Partial Allotment Percentage of Competitive Bids 55.81% 94.75% (23 Bids) (9 Bids) VII. Weighted Average Price/Yield 102.38 103.49 (WAY: 6.1513%) (WAY: 6.8121%) VIII. Non-Competitive Bids Receive...