Tamil Nadu Government to release Credit Bonds for Rs. 1500 Crores
Posted on: 22/Nov/2014 3:15:01 PM
Tamil Nadu Government has planned to release credit bonds for Rs. 1500 Crores.
The bonds on sale will mature by 10 years as per the press release from Finance secretary, Mr. Udhaya chandran.
The auction will be conducted at the Mumbai office of Reserve Bank of India on 25th November.
The contest auction bids should be submitted between 10.30 AM and 12.00 Noon. Other auction bids should be submitted between 10.30 AM and 11.30 AM.
The bids in electronic format should be as per Reserve Bank of India Core Banking Solutions {E-Kuber} System).
