RBI Sees Strong Demand At 2035 Bond Auction, Accepts Bids Worth Rs 319.96 Billion

The RBI’s latest 2035 government bond auction witnessed strong demand from market participants, including banks, mutual funds, and insurance companies, reflecting sustained investor appetite for long term securities. The auction drew bids worth Rs 665.43 billion, significantly exceeding the amount accepted by the central bank.

According to data released by the RBI, the accepted amount stood at Rs 319.96 billion from 225 successful bids. The partial allotment of 64.53% on 20 bids indicates measured liquidity management and balanced yield control amid current market conditions. This auction outcome is expected to support the government’s borrowing program while anchoring long-term interest rates.

Key Takeaways

• 395 bids received for Rs 665.43 billion at the 2035 bond auction
• RBI accepted 225 bids worth Rs 319.96 billion
• Partial allotment of 64.53% applied on 20 bids
• Strong investor response underscores confidence in medium‑term sovereign paper

Source: Reserve Bank of India (RBI)