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Wednesday, Aug 17, 2005
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 Money & Banking - Govt Bonds


Rs 8,000-crore bonds auction

Our Bureau

MUMBAI: The Reserve Bank of India proposes to raise Rs 5,000 crore through the sale (reissue) of the 7.37 per cent government stock 2014 and Rs 3,000 crore through the sale (reissue) of the 7.50 per cent government stock 2034.

The auction will be conducted using the multiple price method.

Tenders should be submitted in the prescribed form on August 18, before 12.30 p.m.

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