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

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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.

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