Business Standard

Thursday, December 26, 2024 | 07:17 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

RBI to introduce new seven-year and 20-year bonds on April 5

The total auction would be of Rs 17,000 crore in which five bonds of different tenure will be issued

RBI, RESERVE BANK OF INDIA, CENTRAL BANK
Premium

BS Reporter
The Reserve Bank of India (RBI) will introduce a new seven-year and a new 20-year bonds in the first auction of the fiscal to be held on Friday, April 5. 

The total auction would be of Rs 17,000 crore in which five bonds of different tenure will be issued. 

The government will borrow Rs 3,000 crore through the seven-year bond, Rs 3,000 crore through a two-year bond, Rs 5,000 crore through a floating rate bond maturing in 2031, Rs 2,000 crore through the 20-year bond and Rs 4,000 crore through a bond maturing in 2055, the RBI said in a notification on

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in