India Central Bank likely to set cut-off yield for 2032 bond at 7.51%

7/10/2022 11:22:56 AM | Source: Reuters

India Central Bank likely to set cut-off yield for 2032 bond at 7.51%

News By Tags | #456 #248 #857 #126 #92

The Indian government is aiming to raise at least 280 billion Indian rupees ($3.40 billion) through the sale of bonds on Friday.

The Reserve Bank of India will likely set the cut-off yields for these notes in a range of 7.42% to 7.60%, according to a Reuters poll of 14 traders.

Note Quantum (in bln Median Min Max

rupees)

7.38% 2027 70 7.42% 7.40% 7.43%

7.26% 2032 120 7.51% 7.50% 7.52%

7.36% 2052 90 7.60% 7.59% 7.62%

($1 = 82.3800 Indian rupees)

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

India Central Bank likely to set cut-off yield for 2032 bond at 7.51%

Top News

Tag News

More News