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Low cut-off yield sees newly-launched 10-yr bond devolve in second auction

Of the Rs 14,000 crore of bonds on offer, RBI made the primary dealers, or the underwriters buy Rs 11,144.145 cr

Topics
Bonds | RBI

Anup Roy  |  Mumbai 



bonds market, currencies, currency, RBI, yield
The auction was part of Rs 26,000 crore auction to be raised through three bonds.

The freshly launched 10-year bond witnessed its first devolvement on Friday as the asked for higher yields than what the Reserve Bank of India (RBI) was comfortable in the offering.

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First Published: Fri, July 23 2021. 19:58 IST

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