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Sunday, Jul 10, 2005

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Money & Banking - Short Term Instruments


T-Bills auction

Our Bureau

MUMBAI: The Reserve Bank of India has proposed to raise Rs 2,500 crore through the auction of 182-day and 91-day Treasury Bills, under the Market Stabilisation Scheme, said an RBI press release.

Of this, Rs 1,500 crore will be raised through the auction of 91-day T-Bills, while Rs 1,000 crore will be raised through the auction of 182-day T-Bills.

The RBI also proposes to raise Rs 1,000 crore through the regular auction. Of this, Rs 500 crore will be raised through the auction of 91-day T-Bills, while Rs 500 crore will be raised through the auction of 182-day T-Bills.

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