![]() Financial Daily from THE HINDU group of publications Friday, Sep 23, 2005 |
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Money & Banking
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Govt Bonds Development loans: Six States to raise Rs 839 crore Our Bureau
Mumbai , Sept. 22 SIX State governments have announced the sale of 10-year State Development Loans for an aggregate amount of Rs 839.42 crore through a yield-based auction using multiple price auction method, RBI said in a press release. The States are: Assam - Rs 208.83 crore; Jharkhand - Rs 117.81 crore; Kerala - Rs 145.81 crore; Maharashtra - Rs 290 crore; Manipur - Rs 36.95 crore; and Tripura - Rs 40 crore. The auction will be held on September 27. Successful bidders will have to make payment on September 28.
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