For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

RBI to auction four govt securities for Rs 14,000 cr on Sept 24

By Religare
|

The Reserve Bank of India on Monday announced that government has offered to sell (re-issue) four dated securities for notified amount of Rs 14,000 crore on September 24 using price based auction using multiple price method.

"The Reserve Bank of India at Mumbai will conduct price based auction for securities using multiple price method," the apex bank said in a notification.

Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on September 24, 2015. The non-competitive bids should be submitted between 10.30 a.m. and 11.30 a.m. and the competitive bids should be submitted between 10.30 a.m. and 12.00 noon.

 

The result of the auctions will be announced on September 24, 2015, RBI notified.

Story first published: Tuesday, September 22, 2015, 12:20 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more