Government to auction Rs 27,000 crore in securities, split into two...

Government to auction Rs 27,000 crore in securities, split into two tranches

Posted

The government is set to re-issue dated government securities totaling Rs 27,000 crore on Friday, split between securities maturing in 2029 and 2054. The Reserve Bank of India will conduct the underwriting auction using a multiple price-based method. This move aims to enhance transparency and promote better investment planning, contributing to the stability of the Government Securities market.

Read Full Article

Please log in to like, share and comment!