India 10-yr and 30-yr bond auction clears at higher yields, no devolvement

RBI auctioned ₹23,000 crore of 7.06% GS 2041 and ₹13,000 crore of 7.43% GS 2076, with cut-off yields of 7.4898% and 7.8015% respectively. Full acceptance and nil devolvement indicate solid demand, though yields are elevated relative to recent levels, reflecting ongoing rate pressures.