Financial Daily from THE HINDU group of publications
Wednesday, Jun 05, 2002

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Money & Banking - Govt Bonds

Govt stock auction

Our Bureau

MUMBAI: The Reserve bank of India has set the cut off rate at 8 paise for underwriting by primary dealers for the price-based auction of the 7.40 per cent 2012 Government stock. The stock will be auctioned on June 5.

However, the RBI has not accepted any bid for the price based auction of 8.35 per cent 2022 to be auctioned on the same day.

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