India RBI likely to set underwriting fee at 0.73 paisa

File Photo: A man speaks on his phone as he walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India, February 7, 2025. REUTERS
MUMBAI, Jan 30 (Reuters) – The Indian government aims to raise at least 320 billion rupees ($3.48 billion) through the sale of the benchmark bond on Friday.
The Reserve Bank of India will likely set underwriting commission for this note at 0.73 paisa, according to a Reuters poll of nine traders.
Note
Quantum (in bln rupees)
Median
Min
Max
6.48% 2035
320
0.73 paisa
0.65 paisa
0.80 paisa
($1 = 91.9020 Indian rupees)

Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala

 

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