RBI may sell 91-day t-bills at 8.645 pct-poll

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RBI is expected to sell 91-day treasury bills at 8.645 percent, sharply lower than 8.9388 percent from last week's sale. RBI is expected to sell 91-day treasury bills at 8.645 percent, sharply lower than 8.9388 percent from last week's sale.
SummaryRBI is expected to sell 91-day treasury bills at 8.645 percent, sharply lower than 8.9388 percent from last week's sale.

The Reserve Bank of India is expected to sell 91-day treasury bills at 8.645 percent, sharply lower than 8.9388 percent from last week's sale, according to the median estimate of a Reuters poll of 10 banks and primary dealers.

For the 91-day t-bills, the highest forecast was 8.72 percent, while the lowest was 8.55 percent.

The central bank is expected to sell the 182-day t-bills at 8.735 percent, lower than the 9.1206 percent cut-off at the auction two weeks earlier.

The highest forecast for the 182-day t-bills was 8.80 percent, while the lowest was 8.65 percent.

The RBI will auction 60 billion rupees each of the 91-day bills and 182-day bills on Wednesday.

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