December 22, 2017 / 6:03 AM / 6 months ago

POLL-India cenbank may sell floating rate 2024 bond at 97 rupees

 (This item will be discontinued starting the week of Jan. 1. For any comments please get in
touch with rafael.nam@thomsonreuters.com)
    Dec 22(Reuters) - The Reserve Bank of India is scheduled to auction government bonds worth
150 billion rupees  ($2.34 billion) later on Friday. Following are the cut-off prices and yields
in a Reuters poll of 11 banks and primary dealers.

      BONDS           MEDIAN           AVERAGE          HIGHEST          LOWEST
    FRB 2024           97.00            96.99            97.25            96.71
  6.79 pct 2027     96.90/7.25       96.90/7.25       96.95/7.24       96.82/7.26
  7.73 pct 2034     101.25/7.60      101.34/7.59      101.70/7.55      101.15/7.61
  6.62 pct 2051     88.85/7.53       88.83/7.54       89.50/7.48       88.22/7.60
 
* Please note the above table has cut-off prices/yields in rupees/percent format

($1 = 64.0350 Indian rupees)

 (Reporting by Khushboo Mittal)
  
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