StocksMarket.in

RBI likely to sell 91-day t-bills at 8.19% : Survey

January 21
13:47 2015
The Reserve Bank of India is expected to set cut-off yield of 8.19 per cent at its auction of 91-day treasury bills on Wednesday, according to median forecast of eight traders in a Reuters poll. The expected cut-off on 91-day t-bills is in comparison with last week’s cut-off yield of 8.3946 per cent.

The highest yield polled for the 91-day t-bill was 8.23 per cent, while lowest was 8.08 per cent.
The apex bank is expected to set cut-off of 7.92 pct on 364-day t-bills, the poll shows. This is against the previous cut-off yield of 8.1773 per cent.

The highest yield for 364-day bills was 8.05 per cent, while lowest was 7.90 per cent.

The RBI is selling Rs 14,000 crore (roughly $ 2.27 billion) of treasury bills, which include Rs 8,000 crore of 91-day t-bills and Rs 6,000 crore of 364-day t-bills

Related Articles

Archives