Web Sify
Follow us on

India to sell 150 bln rupees of bonds on July 5-cbank

Source : REUTERS
Last Updated: Mon, Jul 01, 2013 13:00 hrs

MUMBAI, July 1 (Reuters) - India will sell 150 billion rupees ($2.5 billion) of bonds on July 5, the Reserve Bank of India said in a statement on Monday.

It will sell 30 billion rupees of 7.28 percent 2019 bonds and 60 billion rupees of 7.16 percent 2023 bonds.

The government will also sell 30 billion rupees each of 8.97 percent 2030 bonds and 8.30 percent 2042 bonds.

($1=59.5 rupees) (Reporting by Shamik Paul; Editing by Anupama Dwivedi)

More from Sify:
blog comments powered by Disqus
most popular on facebook
talking point on sify finance