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RBI Turns Away All Bids at Treasury Bill Sale Amid Bond Selloff
Source: Bloomberg
Credit & Bond MarketsInterest Rates & YieldsBanking & Liquidity
India’s central bank rejected all bids at Wednesday’s federal treasury-bill sale as a bond selloff pushed borrowing costs to multi-year highs. The article does not specify the amount offered, bid yields, or the size of the market move.
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