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Thursday, Jun 06, 2002

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Auctions result

Our Bureau

MUMBAI: There was a devolvement to the tune of Rs 1,999.99 crore on the Reserve Bank of India in the auction of the 8.35 per cent 2022 paper of Rs 2,000 crore. The RBI accepted bids to the tune of Rs 1-lakh in this auction.

There was a devolvement of Rs 1,321.70 crore on primary dealers in the auction of the 7.40 per cent 2012 paper of Rs 2,000 crore. The central bank accepted bids of Rs 2,678.30 crore.

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