The government sold 1.8 billion rupees of 3-month bills at a weighted average yield of 15.
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76 percent, 527 million rupees of 6-month bills at 16.
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93 percent and 497 million rupees of 12-month bills at 17.73 percent.
The public debt department, which is a unit of the Central Bank, said 7,000 million rupees of bills was offered for roll-over but only 2.9 billion was sold to the public.
The balance was rejected.
In bond markets, the yield on a 4-year bond (15.
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04.12) rose to 18.45/50 percent levels amid foreign selling earlier in the day, after the rupee fell to new lows against the US dollar and eased to 18.20/30 levels, dealers said.
A 2-year bond (15.09.10) fell from 18.30 percent to 18.20 percent levels and was later quoted 18.
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15/25 percent.