The Tamil Nadu Government has announced the sale of 10-year securities in the form of stock to the public by auction for an aggregate amount of Rs 800 crore. The auction will be conducted by the Reserve Bank of India, Mumbai, on November 6.
Competitive bids between 10.30 am and 12.00 pm and non-competitive bids between 10.30 am and 11.30 am can be submitted electronically on the RBI's Core Banking Solution (E-Kuber) System on November 6, a State Government press release said.