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Tuesday, Apr 20, 2004
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 Money & Banking - Govt Bonds


Kerala Govt bonds

Our Bureau

THIRUVANANTHAPURAM: The State Government intends to raise Rs 274.94 crore in market borrowings for financing developmental expenditure, an official spokesman has said here.

The bonds can be redeemed on April 23, 2014, and will carry a coupon rate of 5.60 per cent. Interest payouts will be made half-yearly on October 23 and April 23.

Those who like to invest in the Government papers should put in their applications in the prescribed format available at the Thiruvananthapuram and Mumbai offices of the Reserve Bank not later than April 21.

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