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Friday, Jul 30, 2004

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Money & Banking - Govt Bonds


State loans on tap sale closed

Our Bureau

Mumbai , July 29

THE on tap sale for 19 State governments for a target amount of Rs 8,500 crore closed in respect of the remaining 13 States, said an RBI press release.

The sale `on tap' of 6.35 per cent nine years State Development Loans 2013 (II series) in respect of Assam, Bihar, Gujarat, Jammu & Kashmir, Jharkhand, Madhya Pradesh, Maharashtra, Nagaland, Orissa, Punjab, Rajasthan, Uttar Pradesh and West Bengal was closed.

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