RBI likely to set cut-off yield on India's 8-9 year state bonds in 7.12%-7.17% band: Poll

Indian states plan to raise a combined 128 billion rupees through bond sales on Tuesday, with maturities ranging from four to 30 years. Traders anticipate the Reserve Bank of India will set cutoff yields for 8-9 year bonds within the 7.12%-7.17% range, reflecting market expectations for borrowing costs.