The Reserve Bank of India set the real yield at 1.44% at the first auction of its new series of inflation-indexed 2023 government bonds on Tuesday, lower than the expected 1.7% in a Reuters poll.
The Rs 1,000 crore auction was fully subscribed.
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The Rs 1,000 crore auction was fully subscribed
Reuters MumbaiThe Reserve Bank of India set the real yield at 1.44% at the first auction of its new series of inflation-indexed 2023 government bonds on Tuesday, lower than the expected 1.7% in a Reuters poll.
The Rs 1,000 crore auction was fully subscribed.
First Published: Jun 04 2013 | 1:23 PM IST