• Rajasthan

    Cong 99
    BJP 73
    RLM 3
    OTH 24
  • Madhya Pradesh

    Cong 115
    BJP 108
    BSP 2
    OTH 5
  • Chhattisgarh

    Cong 68
    BJP 15
    JCC 7
    OTH 0
  • Telangana

    TRS-AIMIM 95
    TDP-Cong 21
    BJP 1
    OTH 2
  • Mizoram

    MNF 26
    Cong 5
    BJP 1
    OTH 8

* Total Tally Reflects Leads + Wins

NSE to auction investment limits for Rs 7,264-cr govt bonds

By: | Published: July 22, 2016 1:43 PM

The debt auction quota gives overseas investors the right to invest in the debt, up to the limit purchased. According to depositories data, the total investment in government debt (auction) has reached Rs 136,736 crore till yesterday, which was 94.96 per cent of total permitted limit of Rs 1.44 lakh crore.

NSE-PTI-LThe auction will be conducted on NSE’s e-bid platform from 1530 hours to 1730 hours, after the close of market hours. (PTI)

Leading bourse the National Stock Exchange (NSE) will auction investment limits for overseas investors for the purchase of government debt securities worth Rs 7,264 crore on Monday.

The auction will be conducted on NSE’s e-bid platform from 1530 hours to 1730 hours, after the close of market hours.

The debt auction quota gives overseas investors the right to invest in the debt, up to the limit purchased.
According to depositories data, the total investment in government debt (auction) has reached Rs 136,736 crore till yesterday, which was 94.96 per cent of total permitted limit of Rs 1.44 lakh crore.

Consequently, the exchange has decided to conduct an auction for the allocation of unutilised debt limits on Monday, July 25, 2016.

Besides, a mock bidding session would be conducted today in this regard.

To boost foreign flow, limit for overseas investors in central government securities has increased from Rs 1.4 lakh crore to Rs 1.44 lakh crore from July 5.

This limit was hiked to Rs 1.4 lakh crore from April 4. Prior to that, the limit was Rs 1.35 lakh crore.
In an online auction conducted earlier this month, the government debt securities had attracted bids to the tune of Rs 8,419 crore from foreign investors as against Rs 8,114 crore on offer.

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