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 Money & Banking - Govt Bonds


G Sec auction cancelled

Our Bureau

Mumbai , Oct. 13

The Reserve Bank of India has cancelled the Rs 4,000 auction of dated security scheduled for October 18-25, 2005.

"On review of the current borrowing requirements of the Government of India (GOI), it has been decided, in consultation with GOI to cancel the auction," said a release from the central bank.

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