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India to Sell 40 Billion Rupees 91-Day T-Bills Oct. 25

Oct. 21 (Bloomberg) -- India plans to sell 40 billion rupees ($799.6 million) of 91-day treasury bills on Oct. 25, the Reserve Bank of India said.

===========================================================================
Notification Date      10/21/11   10/14/11   10/07/11   09/30/11   09/23/11
===========================================================================
                     --------------- 91-Day Treasury-Bills ----------------
Amount (bln rupees)       40.00      40.00      40.00      40.00      70.00
  Under MSS*               0.00       0.00       0.00       0.00       0.00
Auction date           10/25/11   10/19/11   10/12/11   10/05/11   09/28/11
Settlement date        10/28/11   10/21/11   10/14/11   10/07/11   09/29/11
Cut-off Yield              n/a     8.6456%    8.4782%    8.4364%    8.4364%
===========================================================================

Note: * MSS = Market Stabilisation Scheme of the Reserve Bank of India.

The central bank usually auctions 91-day treasury bills every

Wednesday.

SOURCE: Reserve Bank of India.

To contact the reporter on this story: Manish Modi in New Delhi at mmodi6@bloomberg.net.

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net.

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