Updated on
Summary About 40 to 60 basis points cut likely to be made in cut off yield in first bid of the new FY.
Hopefully, a large number of investors will take part in the bid as it is going to held first time after cut in interest rates.Cut off yield of 10-year bench mark may reach 13.5 from 14.08. A huge investment is being predicted for the bid and the government has set a target of Rs 30 billion.
