Govt to mop up Rs 5K cr bonds
The government will mop up Rs 5,000 crore through two-year bonds under Market Stabilisation Scheme.
By PTI |
NEW DELHI: The government will mop up Rs 5,000 crore through two-year bonds under Market Stabilisation Scheme.
The government Stock 2009 will have a coupon rate of 6.65 per cent, an official release said here.
Up to five per cent of the amount is reserved for eligible individuals and institutions on non-competitive basis, an official release said here.
The Reserve Bank has put ceiling of Rs 80,000 crore for raising funds under MSS.
The government Stock 2009 will have a coupon rate of 6.65 per cent, an official release said here.
Up to five per cent of the amount is reserved for eligible individuals and institutions on non-competitive basis, an official release said here.
The Reserve Bank has put ceiling of Rs 80,000 crore for raising funds under MSS.
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