59 percent at Wednesday's auction, though the 3-month yield was flat, data from the state debt office showed. The 6-month yield fell 02 basis points to 9.
66 percent and the 3-month yield was flat at 8.
The debt office said 935 million rupees in 3-month bills, 1.
0 billion in 6-month bills and 15.4 billion in 12 month bills were sold.
A total of 17 billion rupees in bills were sold after offering 10.
0 billion rupees in bills for rollover.
In forex markets the spot US dollar was quoted at 131.50/60 rupees and the spot-next at 131.70/75 percent.
Excess liquidity in money markets 24.
7 billion rupees, which analysts say could continue to pressure the rupee, unless unsterilized interventions or domestic asset sell-downs are made.