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Our Bureau

Mumbai , Aug. 25

The Reserve Bank of India has announced that the auction of 91-day Government of India Treasury-bills and 364-day Government of India Treasury-bills would take place on August 30 using multiple price auctions.

The notified amount for the 91-day Treasury-bills would be Rs 2,000 crore, of which, Rs 1,500 crore would be under the Market Stabilisation Scheme.

The notified amount for the 364-day Treasury-bills would be Rs 2,000 crore, of which, Rs 1,000 crore would be under MSS. The allocation to the non-competitive bidders will be outside the notified amount at the bank's discretion.

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