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India to sell 120 bln rupees of bonds on Dec 28-cbank

Source : REUTERS
Last Updated: Mon, Dec 24, 2012 12:40 hrs

MUMBAI, Dec 24 (Reuters) - India will sell 120 billion rupees ($2.18 billion) of bonds on Dec. 28, the Reserve Bank of India said in a statement on Monday.

India will sell 30 billion rupees each of a new 30-year bond and 8.12 percent 2020 bond.

India will also sell 60 billion rupees of 8.20 percent 2025 bond. ($1=55 rupees) (Reporting by Shamik Paul; Editing by Sunil Nair)

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