Haryana notifies Rs 750 crore securities - Hindustan Times
close_game
close_game

Haryana notifies Rs 750 crore securities

Hindustan Times | By, Chandigarh
Oct 22, 2014 03:41 PM IST

Haryana on Wednesday notified the sale of government stock (securities) of 10-year tenure for an aggregate amount of Rs 750 crore (nominal).

Haryana on Wednesday notified the sale of government stock (securities) of 10-year tenure for an aggregate amount of Rs 750 crore (nominal).

An official notification said here today that the proceeds of the loan will be utilised to finance state plan outlay in connection with the development programmes of the state government.

The auction of the government stock will be conducted by the Reserve Bank at its Mumbai office on October 28, 2014.

The notification said that Interest will be paid on April 29 and October 29 every year.

The stock will be of 10-year tenure and the tenure of stock will commence on October 29, 2014. The loan will be repaid at par on October 29, 2024.

HT Image
HT Image

SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, March 29, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On