POLL-Indian cenbank likely to set cut-off yield for T-Bills in 6.42%-6.85% band

MUMBAI, Nov 30 (Reuters)The Indian government aims to raise an aggregate of 220 billion rupees ($2.70 billion) through a sale of 91-day, 182-day and 364-day Treasury bills on Wednesday.

The Reserve Bank of India will likely set cutoff yields at 6.42%, 6.74% and 6.85%, respectively, according to a Reuters poll of 15 traders.

Note

Quantum (in bln rupees)

Median

Min

Max

91-day

100

6.42%

6.39%

6.45%

182-day

60

6.74%

6.70%

6.75%

364-day

60

6.85%

6.80%

6.88%

($1 = 81.5900 Indian rupees)

(Reporting by Dharamraj Dhutia and Veronica Khongwir; Editing by Savio D’Souza)

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