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RBI to conduct auction of T-bills of Rs 1,500 crore under MSS
Mumbai, Apr 10: Reserve Bank of India will conduct an auction of 91-day government of India treasury bills for a notified amount of Rs 2,000 crore, including Rs 1,500 crore under the Market Stabilisation Scheme (MSS), on April 13.
Mumbai, Apr 10: Reserve Bank of India will conduct
an auction of 91-day government of India treasury bills for a
notified amount of Rs 2,000 crore, including Rs 1,500 crore
under the Market Stabilisation Scheme (MSS), on April 13.
The auction would be conducted using the multiple price
auction method, an RBI release said here today.
The allocation to non-competitive bidders would be outside the notified amount, at the discretion of the central bank, it added.
The results would be announced on the same day and payment by successful bidders would have to be made on April 16.
RBI had successfully concluded auction of two GOI securities aggregating Rs 5,000 crore each and a T-bill of Rs 1,500 crore in the current fiscal.
Bureau Report
The allocation to non-competitive bidders would be outside the notified amount, at the discretion of the central bank, it added.
The results would be announced on the same day and payment by successful bidders would have to be made on April 16.
RBI had successfully concluded auction of two GOI securities aggregating Rs 5,000 crore each and a T-bill of Rs 1,500 crore in the current fiscal.
Bureau Report