Three State Governments to raise funds from market on August 13, 2001 - ਆਰਬੀਆਈ - Reserve Bank of India

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Three State Governments to raise funds from market on August 13, 2001

Three State Governments have announced the sale of 10-year stock to the public by auction for Rs.830 crore as detailed below:

State

Amount (Rs.crore)

Adhra Pradesh

475

Madhya Pradesh

105

West Bengal

250

 

830

The auction will be conducted by Mumbai (Fort) office of the Reserve Bank of India on Monday, August 13, 2001. Tenders should be submitted in the prescribed form on Monday, August 13, 2001 before 14.30 hrs. Results will be announced the same evening. Payment by successful bidders will be on Tuesday, August 14, 2001.

P.V. Sadanandan
Assistant Manager

Press Release : 2001-02/163

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