Reserve Bank of India auctions 91-day T-bills
Wednesday, September 19th, 2007RBI auctioned 91-day T-bills today (September 19), which was oversubscribed.
The notified amount for the auction was Rs 35 billion out of which Rs 30 billion was market stabilization scheme (MSS) amount. The multiple price-based auction for the bills remained oversubscribed. RBI received 85 competitive bids worth Rs 78.38 billion for the bills. However, it accepted […]