India’s Central Bank Rejects All Bids in Another Yield Signal
The Reserve Bank of India (RBI) logo is displayed outside the central bank in Mumbai, India. (Photographer: Kanishka Sonthali/Bloomberg)

India’s Central Bank Rejects All Bids in Another Yield Signal

(Bloomberg) -- India’s central bank rejected all bids at a keenly watched bond-purchase auction Thursday, which is being seen as another sign that authorities want to keep yields in a tight range.
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