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RBI's cut-off rate for 10 year bonds and 7.50 pc GS 2034

Mumbai, Apr 7 (UNI) Reserve Bank of India (RBI) today set the cut-off rate at Rs 0.04 (four paise) per Rs 100 in underwriting for the auction of government stock of 10 years to be held on April 10 this year.

Similarly RBI set the cut-off rate at Rs 0.09 (nine paise) per Rs 100 in the underwriting for the auction of 7.50 per cent Government Security (GS) of 2034 to be held on April 10.

UNI RRP KU SKB2024

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