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2.0

RBI Conversion/Switch Auction: 6.03% GS 2029 Receives Zero Bids

The RBI's conversion/switch auction saw mixed demand, with the 6.03% GS 2029 receiving zero offers, while other securities were fully or partially subscribed. This indicates selective investor appetite for longer-duration paper amid the ongoing switch operation.

Reserve Bank of India — Press Releases3 days agoINengCredibility 10%View source

Score Breakdown

Mosaic Score2.0
Model confidence0.9
Significance0.1
Source credibility0.1

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