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 Money & Banking - Short Term Instruments


T-Bill auction on Wednesday

Our Bureau

Mumbai , Sept. 17

THE auction of 91-day Government of India Treasury bills for a notified amount of Rs 2,000 crore will be held on September 22, said a Reserve Bank of India (RBI) release.

Of this amount, Rs 1,500 crore of will be under the market stabilisation scheme (MSS) while Rs 500 crore will be auctioned under the regular auction calendar. The `multiple price auction' method will be used.

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