May 26, 2017 / 6:11 AM / 2 months ago

POLL-India cenbank may sell FRB 2024 paper at 96.78 rupees

1 Min Read

    May 26 (Reuters) - The Reserve Bank of India is scheduled to auction government bonds worth
150 billion rupees  ($2.32 billion) later on Friday. Following are the cut-off prices and yields
in a Reuters poll of 10 banks and primary dealers.

      BONDS           MEDIAN           AVERAGE          HIGHEST          LOWEST
 FRB 2024 PAPER       96.7750          96.8200          97.2500          96.5000
  6.79 pct 2027    100.98/6.6533    100.98/6.6534    101.00/6.6500    100.95/6.6575
  7.73 pct 2034    104.00/7.3209    104.01/7.3201    104.11/7.3100    103.91/7.3300
  7.06 pct 2046    97.00/7.3085     96.90/7.3170     97.10/7.3000     96.40/7.3600
 
* Please note the above table has cut-off prices/yields in rupees/percent format

($1 = 64.6000 Indian rupees)

 (Reporting by Indradip Ghosh and Khusboo Mittal; Editing by Subhranshu Sahu)
  

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