RBI to introduce new seven-year and 20-year bonds on April 5

The total auction would be of Rs 17,000 crore in which five bonds of different tenure will be issued

Finance News: The Reserve Bank of India (RBI) will present another seven-year and another 20-year bonds in the primary sale of the monetary to be hung on Friday,
April 5.
The all out sale would be of Rs 17,000 crore in which five obligations of various residency will be issued.
The administration will acquire Rs 3,000 crore through the seven-year security, Rs 3,000 crore through a two-year security, Rs 5,000 crore through a skimming rate security developing in 2031, Rs 2,000 crore through the 20-year security and Rs 4,000 crore through a security developing in 2055, the RBI said in a notice on its site.Read More

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