Financial Daily from THE HINDU group of publications
Sunday, Aug 22, 2004
Financial Daily from THE HINDU group of publications Sunday, Aug 22, 2004 |
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Money & Banking
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Govt Bonds Auction of 91-day treasury bills Our Bureau
Mumbai , Aug. 21 The RBI has announced the auction of 91-day Government of India treasury bills for a notified amount of Rs 2,000 crore. Of this amount, Rs 500 crore will be auctioned under the regular auction calendar and Rs 1,500 crore under the market stabilisation scheme, according to a RBI press release. The auction will be conducted using the `multiple price auction' method. The allocation to non-competitive bidders will be outside the notified amount at the discretion of the RBI.
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