India Treasury Bill 91 Day Yield decreased to 5.94 percent on Friday June 14 from 6.07 percent in the previous trading day. Interbank Rate in India averaged 7.43 percent from 1993 until 2019, reaching an all time high of 12.97 percent in July of 1995 and a record low of 3.10 percent in July of 2009.
Interbank Rate in India is expected to be 6.36 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in India to stand at 6.36 in 12 months time. In the long-term, the India Treasury Bill 91 Day Yield is projected to trend around 6.86 percent in 2020, according to our econometric models.