MUMBAI, India, May 23 -- 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 190 364 (ii) Amount ₹51,901.000 crore ₹47,697.287 crore IV. Cut-off price / Yield 103.49 103.39 (YTM: 5.8675%) (YTM: 6.8197%) V. Competitive Bids Accepted (i) Number 40 23 (ii) Amount ₹14,986.906 crore ₹11,986.900 crore VI. Partial Allotment Percentage of Competitive Bids 24.04% 96.57% (14 Bids) (11 Bids) VII. Weighted Average Price/Yield 103.52 103.40 (WAY: 5.8601%) (WAY: 6.8189%) VIII. Non-Competitive Bids Received...