RBI likely to set cutoff yields for India 7-10-year state bonds at 7.85%-7.92%
Reuters poll of 11 traders expects RBI to set cutoff yields for Indian states’ 7-10-year bond sale in a 7.85%-7.92% band, with states aiming to raise 222 billion rupees via four- to 30-year maturities.
31 billion) on Tuesday through a sale of bonds maturing in four years to 30 years. 92% band, according to a Reuters poll of 11 traders. com)