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    HomeNewsBusinessEconomyRBI likely to set cutoff yield on 10-year state bonds in 7.32%-7.35% band: Poll

    RBI likely to set cutoff yield on 10-year state bonds in 7.32%-7.35% band: Poll

    The Reserve Bank of India will likely set cutoff yields for the 10-year bonds in the 7.32%-7.35% band, according to a Reuters poll of 13 traders.

    Reuters
    June 06, 2023 / 11:31 IST
    RBI likely to set cutoff yield on 10-year state bonds in 7.32%-7.35% band: Poll

    Indian states will aim to raise an aggregate of 173 billion Indian rupees ($2.09 billion) on Tuesday through the sale of bonds maturing in five years to 30 years.

    The Reserve Bank of India will likely set cutoff yields for the 10-year bonds in the 7.32%-7.35% band, according to a Reuters poll of 13 traders.

    Note Quantum (in bln Median Min Max

    rupees)

    5-year 10 7.20% 7.18% 7.22%

    6-7 year 13 7.28%-7.30% 7.26% 7.32%

    8-10 year 40 7.32%-7.35% 7.31% 7.36%

    14-30 year 110 7.32%-7.40% 7.30% 7.42%

    Reuters
    first published: Jun 6, 2023 11:31 am

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