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Money & Banking - Govt Bonds
RBI announces Rs 8,000-cr G-Sec sale

Our Bureau

Mumbai , Aug. 12

The Union Government has announced the sale of 8.07 per cent 11-year 2017 Government security for a notified amount of Rs 5,000 crore and the 8.33 per cent 30-year 2036 G-Sec for Rs 3,000 crore.

Both would be sold through price-based auctions using multiple price method. The auction will be conducted on August 18.

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