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RBI to sell Rs 4.73 lakh crore government bonds in March quarter for states and UTs
The Reserve Bank of India will sell government bonds worth Rs 4.73 lakh crore in the January-March quarter of 2025 to State Governments and Union territories. The auction schedule will be released closer to the dates, depending on the requirements and market conditions.
The Reserve Bank of India will sell government bond worth Rs 4.73 lakh crore in January-March quarter of 2025 on State Governments and Union territories.
The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confirmed participation, the RBI added in its notification.
The central bank informed that the actual amount of borrowings and the details of the States/UTs participating would be intimated by way of press releases two/ three days prior to the actual auction day and would depend on the requirement of the State Governments/UTs, approval from the Government of India under Article 293(3) of the Constitution of India and the market conditions.
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