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Our Bureau

Mumbai , Feb. 23

THE Government of India has announced the price-based auction of Rs 5,000-crore 5.64 per cent 2019 paper on February 26.

Up to five per cent of the notified amount of the sale of the stock will be allotted to eligible individuals and institutions as per the scheme for non-competitive bidding facility in the auction of the government securities, said a press release.

The results of the auction will be announced on the same day and the payment by successful bidders will be on February 27, the release said.

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