(Corrects paragraph 1 to say cut-off yields were above, not
below, estimates; also corrects poll results in paragraph 2 to
8.05 pct, from 8.5 pct)
MUMBAI, Feb 27 (Reuters) - India's central bank sold 99.03
billion rupees of treasury bills at a weekly auction on
Wednesday, well below the 120 billion rupees scheduled, with
cut-off yields coming above estimates.
The cutoff yield on the 91-day treasury bill was at 8.1022
percent versus 8.0187 percent last week, it said. A Reuters poll
estimated the cutoff level at 8.05 percent.
The yield on 182-day treasury bill was at 8.0303 percent
versus 7.9436 percent two weeks ago, the Reserve Bank of India
(Reporting by Subhadip Sircar)