Sale of Kerala State Government Loan on tap - RBI - Reserve Bank of India

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Sale of Kerala State Government Loan on tap

Government of Kerala have offered to sell on tap 9.56 per cent State Development Loan, 2011 having a maturity of ten years. The sale will be held at the offices of the Reserve Bank of India, Thiruvananthapuram and Mumbai from August 23, 2001. The Reserve Bank of India reserves the right to close the sale during or after the close of banking hours on or after August 23, 2001 having regard to the borrowing requirement of the State Government and the subscriptions received. Applications in the prescribed form obtainable from the Public Debt Office of the Reserve Bank of India will be received at the Thiruvananthapuram and Mumbai offices during office hours while the scheme is open.

P.V. Sadanandan
Asst. Manager

Press Release: 2001-02/206

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