10-03-2022 11:41 AM | Source: Reuters
India central bank may set cut-off yield on 10-year state bonds in 7.74%-7.77% band
Indian states will aim to raise an aggregate of 195 billion Indian rupees ($2.38 billion) on Monday through sale of bonds maturing in eight years to 25 years.
The Reserve Bank of India may set cut-off yields for the 10-year bonds in the 7.74%-7.77% band, according to a Reuters poll of 14 traders.
Note Quantum (in bln Median Min Max
rupees)
8-year 40 7.71% 7.67% 7.75%
10-year 66 7.74%-7.77% 7.72% 7.80%
12 year-25 year 89 7.78%-7.82% 7.75% 7.90%
($1 = 81.7650 Indian rupees)
Latest News
SAIL inks pact with Administrative Staff College of ...
NSE clocks 57 pc surge in net profit at Rs 3,137 cro...
Sell Johnson Controls-Hitachi Air Conditioning Ltd ...
Kartik Aaryan mobbed by fans at Mumbai?s Gaiety Gala...
Sarbananda Sonowal inaugurates key infra projects to...
B?town divas Kriti Sanon, Dhanashree Verma spotted a...
Kartik Aryan spotted in Mumbai
Rollover Analysis Report - November-2024 by Religare...
Neutral TVS Motor Company Ltd For Target Rs.2,610 By...
Buy SBI Life Insurance Ltd For Target Rs.2,100 By Mo...