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RBI likely to sell 91-day treasury bills at 8.18 per cent

January 28
13:46 2015
The Reserve Bank of India is expected to set cut-off yield of 8.18 per cent at its auction of 91-day treasury bills on Wednesday, according to a median forecast of 10 traders in a Reuters poll.

This expected cut-off on 91-day t-bills is comparable with the cut-off yield of 8.1857 per cent last week.

The highest yield polled for 91-day t-bills was 8.2 per cent, while the lowest was 8.1 per cent.

The RBI is expected to set cut-off of 8.07 per cent on 182-day t-bills versus 8.2475 per cent previously, the poll showed.

The highest yield for 182-day bills was 8.1 per cent, while the lowest was 8.05 per cent.

The RBI is selling Rs 14,000 crore ($ 2.28 billion) worth of treasury bills, including Rs 8,000 crore worth of 91-day and Rs 6,000 crore worth of 182-day t-bills.

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