Business Daily from THE HINDU group of publications
Monday, Dec 22, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Monday, Dec 22, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Money & Banking
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Govt Bonds Government - States States - Kerala Kerala to raise Rs 800 cr via securities Our Bureau Thiruvananthapuram, Dec. 21 The Kerala Government is raising Rs 800 crore through sale of securities for financing the developmental activities in the State. The securities, with a tenure of 10 years, will be sold through auction at the Mumbai office of the Reserve Bank of India on December 23, 2008, according to an official release. The cut-off yield determined at the auction will be the coupon rate per annum. The interest will be paid every six months on June 24 and December 24. The loan will be repaid at par on December 24, 2018, the release added. More Stories on : Govt Bonds | States | Kerala
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