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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.

This article was originally published by Bloomberg Markets and is republished here under license.

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.

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