Hot Ticket: RBI’s 2065 and 2039 Bonds See Selective Allotments Amid Investor Rush

The Reserve Bank of India (RBI) has released the full auction results for government securities maturing in 2039 and 2065, reflecting robust investor interest and selective allotments. The auctions, held as part of the government’s regular borrowing programme, saw significant oversubscription, with partial allotments on high-demand bids.

 

2065 Bond Auction:

2039 Bond Auction:

The auctions underscore continued investor appetite for long-term government securities, with total bids far exceeding the amount on offer.

Partial allotments on select bids suggest competitive bidding, with the RBI managing yields and market liquidity.

These results are in line with the RBI’s strategy to ensure smooth government borrowing while maintaining market stability.

 

The successful completion of these auctions supports the government’s fiscal plans and signals confidence in India’s sovereign credit.

 

Source: Reserve Bank of India – Government Securities Auction Results