August 24, 2017 / 6:04 AM / a month ago

POLL-India cenbank may sell floating rate 2024 bond at 97.25 rupees

    Aug 24 (Reuters) - The Reserve Bank of India is scheduled to auction government bonds worth
150 billion rupees ($2.34 billion) later on Thursday. 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           97.25            97.24            97.30            97.15
  6.79 pct 2027    101.76/6.5405    101.76/6.5401    101.80/6.5349    101.72/6.5460
  7.73 pct 2034    106.05/7.1150    105.08/7.1120    106.21/7.1000    106.00/7.1199
  7.06 pct 2046     99.10/7.1329     99.11/7.1320     99.38/7.1100     98.53/7.1800
 
* Please note the above table has cut-off prices/yields in rupees/percent format


   ($1 = 64.0500 Indian rupees)

 (Reporting by Vartika Sahu and Shaloo Shrivastava; Editing by Sherry Jacob-Phillips)
  

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