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POLL-India cenbank may sell FRB 2024 paper at 96.00 rupees
April 21, 2017 / 6:18 AM / 8 months ago

POLL-India cenbank may sell FRB 2024 paper at 96.00 rupees

    April 21 (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 nine banks and primary dealers.
    Five traders polled expected some of the papers to devolve at the auction. 

      BONDS           MEDIAN           AVERAGE          HIGHEST          LOWEST
 FRB 2024 PAPER        96.00            96.09            96.50            95.85
  6.79 pct 2029     96.90/7.1647     96.92/7.1621     97.10/7.1399     96.60/7.2019
  6.57 pct 2033     92.13/7.4000     92.04/7.4094     92.55/7.3529     91.10/7.5157
  6.62 pct 2051     89.74/7.4500     89.74/7.4498     90.00/7.4267     89.25/7.4934
 
* Please note the above table has cut-off prices/yields in rupees/percent format


($1 = 64.5750 Indian rupees)

 (Reporting by Khushboo Mittal and Shaloo Shrivastava; Editing by Sherry Jacob-Phillips)
  

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