RBI Sets Higher Cutoff Yields for Key Treasury Bills The Reserve Bank of India accepted treasury bill cutoff yields 20 basis points higher than those recorded at the pre...
The Reserve Bank of India accepted treasury bill cutoff yields 20 basis points higher than those recorded at the previous auction. The latest figures cover 91-day and 182-day treasury bills.
The cutoff yield for the 91-day treasury bill was set at 5.93%. The 182-day treasury bill carried a cutoff yield of 6.54%.
The accepted cutoff yields were reported at a level 20 basis points above the last auction. This makes the latest auction notable for the higher yields attached to the reported treasury bill maturities.
The two announced rates provide the latest stated cutoff levels for these treasury bills. The 91-day bill had the lower yield, while the 182-day bill was accepted at the higher rate.
The auction results establish the accepted yields for the two maturities covered in the report. No further auction details were provided.
For the latest auction, the reported cutoff yields were 5.93% for the 91-day bill and 6.54% for the 182-day bill, with both figures compared against higher levels than the previous auction.
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