Financial Daily from THE HINDU group of publications
Saturday, Aug 20, 2005

Port Info

Group Sites

Money & Banking - Short Term Instruments

RBI to raise Rs 2,500 cr under MSS

Our Bureau

Mumbai , Aug. 19

THE Reserve Bank of India has proposed to raise Rs 2,500 crore through the auction of 91-day and 182-day treasury bills, under the Market Stabilisation Scheme, said an RBI press release.

Of this, Rs 1,500 crore will be raised through the auction of 91-day T-bills, while Rs 1,000 crore will be raised through the auction of 182-day T-bills.

The RBI also proposes to raise Rs 1,000 crore through the regular auction. Through the auction of 91-day T-bills and 182-day T-bills, Rs 500 crore each will be raised.

The auction will be conducted using the Multiple Price Auction method.

Tenders should be submitted on August 24 before 12 p.m. Successful bidders have to make payment on August 26.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
NSDL eyes record-keeping agency role for pensions

Economy can absorb petro-price shock
Rupee declines; securities flat
PNB opens ATM at Edappal
Karnataka Bank's 46th ATM at Udupi
HDFC plans listing of BPO venture
Exim Bank gets BBB from Japan agency
Crisil to weigh banks' exposure to commodities
IOB sees Rs 70-cr fee-based income — Ties up with Chola MF
Chidambaram sees no change in interest rates
Nabard hikes rates on capital gains bonds
RBI to raise Rs 2,500 cr under MSS

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line