State Govt Issues Bonds

Published: 22nd November 2014 05:59 AM  |   Last Updated: 22nd November 2014 05:59 AM   |  A+A-

THIRUVANANTHAPURAM: The State Government on Friday issued bonds worth `1000 crore. The borrowing, done for the 10th consecutive time this fiscal, is to ‘finance the developmental activities of the state.’ The auction will be conducted by the RBI at its Mumbai office on Tuesday.  Bids for the auction should be submitted in the electronic format on the RBI’s Core Banking Solution system. The competitive bids shall be submitted electronically on the RBI’s Core Banking Solution (E-Kuber) system between 10.30 am and 12.00 noon. The non- competitive bids shall be submitted electronically between 10.30 am. and 11.30 am. 

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