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Friday, December 15, 2017

TN to raise Rs 1,000 crore by auctioning 10-year securities

Chennai:
Tamil Nadu has announced the sale of 10 year securities in the form of Stock to the Public by auction for an aggregate amount of Rs.1000.00 Crore. The auction will be conducted by the Reserve Bank of India at its Mumbai Office, Fort, Mumbai, on December 19, 2017. Competitive bids between 10.30 A.M. and 12.00 P.M. and non-competitive bids between 10.30 A.M. and 11.30 A.M. shall be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) System on December 19, 2017.

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