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RBI auctions 8.28% G-Sec, 2032 (Re-issue) on Nov 7

RBI auctioned 8.28% Government Stock (G-Sec), 2032 today, November 7. The notified amount for the auction was Rs 40 billion. The multiple price-based auctions for the bills remained oversubscribed. RBI received 236 competitive bids worth Rs 87.90 billion for the bills. However, it accepted only 71 bids for the notified amount.   read more »

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