The Reserve Bank of India (RBI) has announced the results of its 2035 bond auction, accepting 156 bids totaling ₹319.81 billion out of 388 bids worth ₹810.4 billion received. Partial allotments were made on 58 bids, reflecting strong investor demand and RBI’s calibrated approach to debt management.
The Reserve Bank of India (RBI) conducted its latest auction of 2035 government bonds, attracting robust investor interest. Out of 388 bids received amounting to ₹810.4 billion, the central bank accepted 156 bids worth ₹319.81 billion. In addition, partial allotments were made on 58 bids, underscoring RBI’s balanced strategy in managing long-term debt issuance.
The auction highlights the strong appetite for government securities among institutional investors, even as RBI maintains a cautious stance to ensure fiscal stability. Analysts note that the outcome reflects confidence in India’s economic trajectory and the central bank’s ability to manage borrowing efficiently.
Key Highlights
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RBI receives 388 bids worth ₹810.4 billion at 2035 bond auction
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156 bids accepted, totaling ₹319.81 billion
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Partial allotments made on 58 bids
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Strong investor demand reflects confidence in government securities
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Auction underscores RBI’s calibrated debt management approach
Market Outlook
The successful auction is expected to strengthen India’s long-term borrowing program while maintaining fiscal discipline. For investors, the demand signals continued trust in government bonds as a safe asset class. For policymakers, the outcome provides reassurance that India’s debt strategy remains on track amid evolving global financial conditions.
Sources: Economic Times, Business Standard, Reuters