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4 years ago
MARKET EYE-India cbank may sell 91-day tbills at 10.74 pct-poll
September 11, 2013 / 5:58 AM / 4 years ago

MARKET EYE-India cbank may sell 91-day tbills at 10.74 pct-poll

* The Reserve Bank of India is expected to sell 91-day treasury
bills at 10.74 percent, lower than its cut-off of 11.2573
percent at last week's sale, according to the median estimate of
a Reuters poll of eight banks and primary dealers.     
* For the 91-day t-bills, the highest forecast was 11 percent,
while the lowest was 10.6 percent. 
* The central bank is expected to sell the 182-day t-bills at
10.25 percent, lower than the 12.0096 percent cut-off at the
auction two weeks earlier.     
* The highest forecast for the 182-day t-bills was 10.5 percent,
while the lowest was 10.2 percent.        
* The RBI will auction 70 billion rupees of 91-day bills and 50
billion rupees of 182-day bills later on Wednesday.

 (subhadip.sircar@thomsonreuters.com/archana.narayanan@thomsonre
uters.com)

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