RBI to auction Andhra Pradesh state government securities worth Rs 3000 cr on
May 22
The Reserve Bank of India said that it will auction 10 year securities worth Rs 3000 crore offered by Government of Andhra Pradesh on May 22, 2014. The auction will be conducted on the Reserve Bank of India Core banking Solution (E-Kuber) system on May 22, 2014, RBI said in a statement. According to the statement, both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core banking Solution (E-Kuber) system on May 22, 2014. The results of the auction will be announced on May 22, 2014 and payment by successful bidders will be made during banking hours on May 23, 2014 at Mumbai and at the concerned Regional Office of RBI.
The Reserve Bank of India said that it will auction 10 year securities worth Rs 3000 crore offered by Government of Andhra Pradesh on May 22, 2014. The auction will be conducted on the Reserve Bank of India Core banking Solution (E-Kuber) system on May 22, 2014, RBI said in a statement. According to the statement, both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core banking Solution (E-Kuber) system on May 22, 2014. The results of the auction will be announced on May 22, 2014 and payment by successful bidders will be made during banking hours on May 23, 2014 at Mumbai and at the concerned Regional Office of RBI.
