The Reserve Bank of India's central bank-backed digital currency was used to settle secondary market transactions in Indian government bonds worth 2.75 billion Indian rupees ($33.29 million) as part of a pilot. The new route was used to settle trades in three securities: five-year 7.38% 2027 bonds, previous benchmark 6.54% 2032 bonds, and current benchmark 7.26% 2032 bonds.