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Tuesday, June 22, 1999
RBI announces 91 day T-Bills auction
UNITED NEWS OF INDIA
Mumbai, June 21: The Reserve Bank of India (RBI) has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs 100 crore. The auction will be conducted using "uniform price auction" method. The allocation to non-competitive bidders will be outside the notified amount, at the discretion of the bank. RBI has also announced the auction of 14 day Government of India treasury bills for a notified amount of Rs 100 crore. The allocation to non-competitive bidders will be outside the notified amount, at the discretion of the bank.Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.
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