• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, July 7

Seven State Governments have announced the sale of 10-year State Development Loans 2016, for Rs 1,683.324 crore, through a yield-based auction using multiple price auction method. Andhra Pradesh has announced the sale of loans worth Rs 742.155 crore, which is the highest among the seven States. It is followed by Rajasthan (Rs 450 crore) and Madhya Pradesh (Rs 300 crore). Jharkhand, Meghalaya, Mizoram and Sikkim are the other States to sell loans.

The auction would be conducted by the Reserve Bank of India at Mumbai on July 13. RBI would determine the maximum yield at which offers would be accepted, on the basis of bids received.

More Stories on : Govt Bonds | States

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Course in Actuarial Management

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line