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Today's Auction Details For INR 260bn Sale

INDIA
  • INR30bn 4.26% 2023 Bonds (last sold on July 9, yield: 4.3312%, bid/cover: 4.00)
  • INR140bn 6.10%2031 Bonds (last sold on July 9, yield: 6.1000%, bid/cover: 2.03)
  • INR90bn 6.76% 2061 Bonds (last sold on July 9, yield: 7.1838%, bid/cover: 2.58)
  • Yields rose yesterday despite a strong showing at the RBI's GSAP operation with cutoff yields lower than expected, which could indicate some set up ahead of today's auction. Results due after 1030BST/1500IST.

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