RBI's inflation indexed bond auction devolves partially

Central bank accepts bids worth Rs 468 crore while rest devolve on primary dealers

Neelasri Barman Mumbai
Last Updated : Aug 27 2013 | 4:14 PM IST
The Reserve Bank of India's (RBI) auction of 1.44% Inflation Indexed Government Stock-2023 for a notified amount of Rs 1,000 crore devolved partially on primary dealers on Tuesday.

RBI accepted bids worth Rs 468 crore while the rest devolved on primary dealers.

The cut-off yields was set at 3.47%.
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First Published: Aug 27 2013 | 4:10 PM IST

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