Business Standard

RBI sets 1.44% real yield on inflation-indexed 2023 bonds

The Rs 1,000 crore auction was fully subscribed

Reuters Mumbai

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.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 04 2013 | 1:23 PM IST

Explore News