RBI Turns Away All Bids at Treasury Bill Sale Amid Bond Selloff
India’s central bank rejected all bids at a sale of federal treasury bills on Wednesday amid a bond selloff that pushed borrowing costs to multi-year highs.
By Bhaskar Dutta and Pratigya Vajpayee · Bloomberg Markets
India’s central bank rejected all bids at a sale of federal treasury bills on Wednesday amid a bond selloff that pushed borrowing costs to multi-year highs.