Financial Daily from THE HINDU group of publications
Thursday, Oct 28, 2004
Financial Daily from THE HINDU group of publications Thursday, Oct 28, 2004 |
||
|
|
||
|
Money & Banking
-
Short Term Instruments T-bills sale gets good response Our Bureau
Mumbai , Oct. 27 AUCTION of treasury bills by the Reserve Bank of India witnessed a good response, even as higher cut-off yields were set for these papers. The 91-day bills received 90 bids worth Rs 3,709.25 crore of which 59 bids for the notified Rs 2,000 crore were accepted. Cut-off yield was set at 5.36 per cent, against the previous cut-off at 5.20 per cent. Cut-off price came at Rs 98.68 (Rs 98.72). In case of 364-day bill auction, 101 bids were received of which 33 bids worth Rs 2,000 crore were accepted at the cut-off of Rs 94.63 (Rs 94.81). Cut-off yield was set higher at 5.69 per cent (5.49 per cent).
More Stories on : Short Term Instruments
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2004, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|