RBI to hold auctions

GOVT BEAT
* Commerce and Industry Minister & Commerce Secretary to hold press conference on initiatives and issues related to Department of Commerce.  1200 IST, New Delhi.
* Minister of Consumer Affairs, Food and Public Distribution Paswan to address press conference to brief about initiative taken and roadmap planned by his Ministry. 1500 IST, New Delhi.

DATA ALERT
> FRANCE JOB CREATION in Apr-Jun. 1100 IST
> FRANCE INDUSTRIAL PRODUCTION INDEX in Jul. 1215 IST
> US MBA MORTGAGE APPLICATIONS SURVEY for week to Sep 5. 1630 IST
> US WHOLESALE TRADE for Jul. 1930 IST
> US EIA CRUDE OIL, PRODUCTS' INVENTORY REPORT for week to Sep 5. 2000 IST

* T-BILL AUCTIONS: RBI to hold auctions of 70 bln rupees of 91-day T-bills, and 50 bln rupees of 182-day T-bills.
  + 91-DAY: Yield seen at 8.60-8.64% vs 8.60% a week ago.
  + 182-DAY: Yield seen at 8.62-8.67% vs 8.68% a fortnight ago.

view more