India cbank sells 2014 bond at 7.0924 percent

MUMBAI, Nov 6 (Reuters) - The Reserve Bank of India (RBI) said on Friday it had set a cut-off price of 100.93 rupees at the auction of the 7.32 percent federal bond maturing in 2014 and the bonds were fully sold.

The cut-off price corresponds to a yield of 7.0924 percent. A Reuters poll earlier in the day had forecast the central bank selling the 2014 bond at a cut-off of 7.1408 percent.

The central bank said it set a cut-off price of 90.14 rupees at the auction of the 6.35 percent federal bonds maturing in 2020. The cut-off price corresponds to a yield of 7.7706 percent and the bonds were fully subscribed.

A Reuters poll earlier in the day showed the central bank was expected to auction the 2020 bond at 7.8077 percent.

The central bank said it set a cut-off price of 91.15 rupees at the auction of the 7.50 percent federal bonds maturing in 2034. The cut-off price corresponds to a yield of 8.3495 percent and the bonds were fully subscribed.

A Reuters poll earlier in the day showed the central bank was expected to auction the 2034 bond at 8.3806 percent. (Reporting by Mumbai Treasury Desk; Editing by Ramya Venugopal)