Auction of State Government Securities Under Market Borrowing Programme
GUWAHATI: The Government of Assam has offered to sell the dated securities for an amount of Rs 500 Crore with ten year tenure by auction under Market Borrowing Programme for financing development programmes of the State on November 5, 2019 of which the date of submission of application is also November 5, 2019. The auction will be conducted by the Reserve Bank of India (RBI), at Mumbai Office, Fort, Mumbai. Competitive bids may be submitted between 10.30 AM and 12 PM and non-competitive bids may be submitted only electronically on the CBS between 10.30 AM and 11.30 AM on the day of the auction. No bids shall be accepted in physical format. The result of auction shall be displayed by the RBI on its website on the same day. This has been stated in a press communiqué issued by the Finance Department, Government of Assam.
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