Bloomberg News

India Sells 100 Billion Rupees of Cash Management Bills

October 17, 2011

Oct. 17 (Bloomberg) -- India sold 100 billion rupees of 48- day cash management bills at an auction, the central bank said in an e-mailed statement today.

The bills were sold at a maximum yield of 8.6909 percent, the statement said.

To contact the editor responsible for this story: V Ramakrishnan at rvenkatarama@bloomberg.net


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