Business & Finance

India to sell 170bn rupees of govt bonds on Aug 30: RBI

Published August 26, 2013 Updated August 26, 2013 01:46pm

1 min

By Muhammad Iqbal

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MUMBAI: India will sell 170 billion rupees ($2.6 billion) of government bonds on Aug. 30, the Reserve Bank of India said in a statement on Monday.

India will sell 70 billion rupees of 7.16 percent 2023 bonds, 40 billion rupees of 7.28 percent 2019 bonds, and 30 billion rupees each of 8.28 percent 2032 bonds and 8.83 percent 2041 bonds.

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