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POLL-India cenbank may auction FRB 2024 paper at 94.90 rupees
April 7, 2017 / 6:03 AM / 6 months ago

POLL-India cenbank may auction FRB 2024 paper at 94.90 rupees

    April 7 (Reuters) - The Reserve Bank of India is scheduled to auction government bonds worth
150 billion rupees  ($2.33 billion) later on Friday. Following are the cut-off prices and yields
in a Reuters poll of seven banks and primary dealers.

      BONDS           MEDIAN           AVERAGE          HIGHEST          LOWEST
 FRB 2024 PAPER        94.90            94.56            95.00            93.50
  6.79 pct 2029    96.05/7.2696     96.10/7.2639     96.45/7.2197     95.90/7.2883
  6.57 pct 2033    91.94/7.4200     92.41/7.3675     94.75/7.1117     91.60/7.4578
  6.62 pct 2051    89.70/7.4528     89.57/7.4643     90.34/7.3964     88.62/7.5500
 
* Please note the above table has cut-off prices/yields in rupees/percent format


($1 = 64.4200 Indian rupees)

 (Reporting by Shaloo Srivastava and Khushboo Mittal)
  

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