RBI Leaves Investors Smiling as 6.90% 2065 Bond Hits Full Subscription

The Reserve Bank of India (RBI) successfully concluded the auction of the 6.90% Government of India bond maturing in 2065. The bond issue was fully subscribed with a cut-off price fixed at Rs 95.60 and a yield of 7.2385%. This long-term government security attracted robust investor interest, reflecting confidence in government-backed debt instruments offering steady returns.

 

Auction Details:

Investor Participation:

Significance of the Bond Issue:

Broader Market Context:

Sources: News18, SC Online, Outlook Money, National Stock Exchange of India