RBI Fully Subscribes ₹34,000 Crore Auction of New GS 2036 at 6.94% Yield
The Reserve Bank of India concluded the auction for its new 2036 benchmark government security on May 8, 2026, accepting the full ₹34,000 crore notified amount. Market demand met the cut-off yield of 6.94% without requiring Primary Dealers to step in for any devolvement. Government Stock - Auction Results: Cut New GS 2036 I. Notified Amount ₹34,000 crore II. Cut off Yield 6.94% III. Amount accepted in the auction ₹34,000 crore IV. Devolvement on Primary.