MUMBAI (Reuters) - The Reserve Bank of India (RBI) set a cut-off price for the 8.12 percent 2020 bond at 97.09 rupees, yielding 8.6610 percent, lower than a Reuters poll forecast of 8.7078 percent.
The RBI set a cut-off price for the 8.33 percent 2026 bond at 97.35 rupees, yielding 8.6735 percent, lower than the poll forecast of 8.7001 percent.
It set a cut-off price for the 8.32 percent 2032 bond at 96.11 rupees, yielding 8.7431 percent, lower than the poll forecast of 8.7555 percent.
The RBI set cut-off price for 8.30 percent 2042 bond at 94.97 rupees, yielding 8.7785 percent, higher than the poll forecast of 8.7756 percent.
The central bank said there was no devolvement at the 150 billion rupees bond auction.
(Reporting by Shamik Paul; Editing by Prateek Chatterjee)
