Sale of government stocks worth ₹14k crore announced
The Centre has announced the sale (re-issue) of government stocks having various maturity periods and interest rates for a total notified amount of ₹14,000 crore through a price-based auction. The rates offered are 6.84% for stocks maturing in 2022, 6.97% for 2026, 7.73% for 2034, and 8.13% for 2045. The auctions will be conducted by the RBI on September 23.