Reserve Bank of India Announces Full Auction Results for Government Stocks

The Reserve Bank of India (RBI) has released the full auction results for two government stocks: 7.06% GS 2041 and 7.43% GS 2076. For GS 2041, the notified amount was ₹23,000 crore, with competitive bids received totaling ₹52,879.80 crore at a cut-off yield of 7.3881%. For GS 2076, the notified amount was ₹13,000 crore, with competitive bids received totaling ₹20,751.00 crore at a cut-off yield of 7.7708%. Both issues were partially allotted, and non-competitive bids were fully accepted.