BackRBI sells bonds worth Rs15,000 crore
RBI sold its entire bond offering of Rs15,000 crore at yields close to what the bonds were trading at in the market
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Mumbai: The Reserve Bank of India (RBI) on Friday managed to sell its entire bond offering of ₹ 15,000 crore at yields close to what the bonds were trading at in the market.
The central bank had cancelled ₹ 9,000 crore of auctions on 26 June as the market demanded higher yield than the prevailing market rate.
On Friday, RBI sold ₹ 3,000 crore of an eight-year bond, ₹ 6,000 crore against the benchmark 10-year bond at a cut-off yield of 7.8034%, ₹ 3,000 crore through an 18-year bond and ₹ 3,000 crore maturing in 30 years.
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Published: 03 Jul 2015, 05:01 PM IST
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