Sale of govt stocks worth ₹15k crore announced
The Centre on Monday announced the sale (re-issue) of government stocks having various maturity periods and interest rates for a total notified amount of ₹15,000 crore through a price-based auction. The rates offered are 6.84% for stocks maturing in 2022, 6.97% for 2026, and 7.73% for 2034, among others. The auctions will be conducted by the RBI on October 7.