The Hindu Business Line : T-bill sale

MUMBAI: The Reserve Bank of India has set a cut-off price of Rs 98.75 (cut-off yield 5.08 per cent) at the 91-day treasury bill auction held on Wednesday. This cut-off price was marginally lower than the previous cut-off at Rs 98.76.

Of the 87 competitive bids worth Rs 4,067.17 crore received for the auction, 64 bids worth the notified amount of Rs 2,000 crore were accepted. The partial allotment percentage of competitive bids was at 6.02 per cent, while the weighted average price was Rs 98.76.

More Stories on : Short Term Instruments

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Rupee steady; gilts in range

HCL Tech develops risk tool for banks

LIC (South) first premium income at Rs 672 cr in H1

LIC picks up 10% stake in TNPL

RBI asks `problem' cos not to repay deposits before term

Dena Bank loans on easier terms for M&M tractors

HSBC eyes acquisitions here

Karnataka Bank opens asset recovery branch in Mumbai

T-bill sale

When one plus one is eleven