POLL-Indian cenbank likely to set cut-off yield for T-Bills in 6.47%-6.87% band

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MUMBAI, Nov 23 (Reuters)The Indian government aims to raise an aggregate of 220 billion Indian rupees ($2.69 billion) through the sale of 91-day, 182-day and 364-day Treasury bills on Wednesday.

The Reserve Bank of India will likely set cutoff yields for the same at 6.47%, 6.76% and 6.87%, respectively, according to a Reuters poll of 10 traders.

Note

Quantum (in bln rupees)

Median

Min

Max

91-day

100

6.47%

6.45%

6.47%

182-day

60

6.76%

6.74%

6.78%

364-day

60

6.87%

6.85%

6.90%

($1 = 81.7820 Indian rupees)

(Reporting by Bhakti Tambe and Veronica Khongwir; Editing by Savio D’Souza)

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