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India's 91-day T-bill yield at 9.0227 pct - cbank

Reuters - Wednesday, September 3

MUMBAI, Sept 2 said on Tuesday the cut-off price at the auction of 91-day treasury bills was at 97.80 rupees, a shade higher than 97.79 rupees last week.

The yield at the cut-off price was 9.0227 percent. The RBI accepted bids worth 50 billion rupees at the 91-day bill tender including 20 billion under the market stabilisation scheme.

The central bank said the cut-off price at the auction of 182-day T-bills was 95.67 rupees, higher than 95.56 rupees at the previous auction two weeks ago. The yield at this price was 9.0768 percent.

It accepted bids worth 25 billion rupees including 20 billion rupees under the market stabilisation scheme at the 182-day T-bill auction. (Reporting by Mumbai Treasury Desk; Editing by Ramya Venugopal)

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