The Reserve Bank of India (RBI) did not accept bids for its 7.18 per cent, 2037 security during an OMO auction because banks quoted prices above market levels. However, the RBI purchased 50,000 crore worth of other securities, with strong demand noted for the 7.10 per cent, 2034 bond. The auction saw overall bids of 1.42 trillion against the notified amount, with the central bank accepting a significant quantum of the 7.61 per cent, 2030 bond as well.