India to sell 150 bln rupees of bonds on May 17-cbank

Last Updated: Mon, May 13, 2013 13:00 hrs

MUMBAI, May 13 (Reuters) - India will sell 150 billion rupees ($2.7 billion) of bonds on May 17, which includes the sale of new 10-year 2023 bonds for 70 billion rupees, the Reserve Bank of India said in a statement on Monday.

The government will sell 30 billion rupees each of 7.83 percent 2018 bonds and 8.83 percent 2041 bonds.

It will also sell 20 billion rupees of 8.97 percent 2030 bonds, the statement said.

($1=54.7 rupees) (Reporting by Neha Dasgupta; Editing by Prateek Chatterjee)

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