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RBI sets 182-days T-bills yield to maturity at 8.33%
Source: IRIS | 25 Feb, 2015, 06.18PM
Rating: NAN / 5 stars.
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The Reserve Bank India (RBI) has auctioned 182-days treasury bills today. The RBI has accepted bids for notified amount of Rs 60 billion. The cut-off yield has been set at 8.3345% at a price of Rs 96.01.

RBI injected Rs 187.01billion in the banking system via 1-day repo on Feb. 25, 2015. At the auction conducted under liquidity adjustment facility, the central bank received 51 bids for 1-day repo, which were accepted. These repos are traded at a fixed rate of 7.75%.

 



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