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