Haryana notifies Rs 1,290 Crore Securities

Haryana government today notified the sale of State Government Stock (Securities) of 10-year tenure for an aggregate amount of Rs 1,290 crore (Nominal).
An official notification said here that the auction of the government stock will be conducted by the Reserve Bank of India, at its Mumbai Office on March 11, 2014.
Bids for the auction should be submitted in electronic format, on the Reserve Bank of India Core Banking Solution (E-Kuber) system on March 11, 2014.
The interest will be paid on September 12 and March 12, 2014 on the stock which will be of 10-year tenure which will commence on March 12, 2014.

The loan will be repaid at par on March 12, 2024, the notification said.