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India to sell 150bn rupees of govt bonds

Published August 19, 2013 Updated August 19, 2013 01:06pm

1 min

By Muhammad Iqbal

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MUMBAI: India will sell 150 billion rupees ($2.4 billion) of government bonds on Aug. 23, the Reserve Bank of India said in a statement on Monday.

The government will sell 60 billion rupees of 8.20 percent 2025 bonds, 30 billion rupees each of 8.32 percent 2032, 8.12 percent 2020 and 8.30 percent 2042 bonds, the RBI said.

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