Business & Finance

India to sell 150bn rupees of bonds

Published May 6, 2013 Updated May 6, 2013 12:26pm

MUMBAI: India will sell 150 billion rupees ($2.8 billion) of bonds on May 10, the Reserve Bank of India said in a statement on Monday.

The government will sell 70 billion rupees of 8.15 percent 2022 bonds and 20 billion rupees of 8.32 percent 2032 bonds.

It will also sell 30 billion rupees each of 8.12 percent 2020 bonds and 8.30 percent 2042 bonds.