RBI announces ₹23,300 crore state government securities auction
Published 1 d ago1 sourceEvidence: Reported
The Reserve Bank of India conducted an underwriting auction for the 6.94% GS 2036, accepting the full notified amount of ₹34,000 crore with a cut-off commission rate of 0.54 paise per ₹100. This routine debt-management operation signals stable demand for government securities and reflects current liquidity conditions in the Indian bond market.
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