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India raises 150 bln rupees via bond sale - RBI
MUMBAI, June 1 (Reuters) - India sold 150 billion rupees
($2.7 billion) of bonds on Friday and the Reserve Bank of India
set a cut off price of 105.45 rupees, yielding 8.4332 percent on
9.15 percent bonds maturing in 2024.
The coupon was higher than forecast of 8.4142 percent in a
Reuters poll.
The cut-off price for 8.19 percent 2020 bonds was 99.27
rupees, yielding 8.3186 percent, the RBI said,
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