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fintech / news / / The Economic Times

RBI withdrew its ₹12,000 crore treasury bill auction for 182-day and 364-day maturities.

The Reserve Bank of India cancelled a ₹12,000 crore treasury bill auction for 182-day and 364-day maturities.

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Synopsis The Reserve Bank of India (RBI) withdrew its ₹12,000 crore treasury bill auction for 182-day and 364-day maturities, reportedly due to high yield bids. This action supported bond prices, with the benchmark 10-year government bond yield falling. The RBI's decision may also be influenced by the government's substantial cash balance following a record dividend payment. Choose your reason below and click on the Report button. This will alert our moderators to take action Name Reason for reporting: Foul languageSlanderousInciting hatred against a certain communityOthers Your Reason has been Reported to the admin.
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