Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>India to Auction Four Government Securities with Different Maturities on December 24, 2020.</h1> The Government of India announced the re-issue auction of four government securities with varying maturity dates and interest rates: 3.96% GS 2022 for Rs 2,000 crore, 5.15% GS 2025 for Rs 11,000 crore, 5.85% GS 2030 for Rs 9,000 crore, and 6.80% GS 2060 for Rs 6,000 crore. The Reserve Bank of India will conduct the auctions on December 24, 2020, using a multiple price method. The government may retain an additional Rs 2,000 crore for each security. Both competitive and non-competitive bids are to be submitted electronically, with results announced the same day and payments due by December 28, 2020.