India’s RBI likely to set cut-off yield on 10-yr state bonds in 7.69%-7.72% band
Mumbai (Reuters) – Indian states will aim to raise an aggregate of 125 billion rupees ($1.50 billion) on Monday through the sale of bond maturing in 10 years to 30 years.
The Reserve Bank of India will likely set cut-off yields for the 10-year bonds in the 7.69%-7.72% band, according to a Reuters poll of 11 traders.
| Note | Quantum (in bln rupees) | Median | Min | Max |
| 10-11 year | 66 | 7.69% – 7.72% | 7.68% | 7.73% |
| 12-19 year | 48 | 7.70% – 7.74% | 7.65% | 7.75% |
| 30 year | 11 | 7.61% | 7.60% | 7.62% |
