MUMBAI (Reuters) – The Indian government aims to raise an aggregate of 390 billion rupees ($4.75 billion) through a sale of 91-day, 182-day and 364-day Treasury bills on Wednesday.
The Reserve Bank of India will likely set cutoff yields for the sale at 6.96%, 7.35% and 7.45% respectively, according to a Reuters poll of 15 traders.
Note Quantum (in bln Median Min Max
rupees)
91-day 70 6.96% 6.95% 7.00%
182-day 120 7.35% 7.33% 7.38%
364-day 100 7.45% 7.41% 7.48%
($1 = 82.1475 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Dhanya Ann Thoppil)
