The debt office on Tuesday sold the bond maturing on 15 March 2025 at weighted average yield of 9.01 percent.
The bond has received 14.67 billion rupees of bids, the Central Bank debt office said.
All bids received for the seven year bonds which offered another 2.00 billion rupees were rejected at the auction.
At the last auction held on 12 May 2015, four year bonds were sold at an average yield of 8.15 percent.
Courtesy: Daily News 20 May 2015