India 10-yr GS 2036 auction clears at 7.32% yield, full subscription

RBI auction of 6.94% GS 2036 (notified ₹34,000 crore) saw full acceptance at a cut-off price of ₹97.43, implying a yield of 7.3203%, with no devolvement on primary dealers. The auction result indicates steady demand for Indian government paper at current yield levels, with no stress in primary market absorption.

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