NSE to auction investment limits for Rs22,171 crore govt bonds - News Summed Up

NSE to auction investment limits for Rs22,171 crore govt bonds


Earlier, the government debt securities had attracted bids worth Rs10,439 crore from foreign investors against Rs12,715 crore on offer. Photo: MintNew Delhi: Leading bourse National Stock Exchange (NSE) will auction investment limits for overseas investors for purchase of government debt securities worth Rs22,171 crore on 28 November. The debt auction quota gives overseas investors the right to invest in the debt, up to the limit purchased. In an online auction conducted early this month on 7 November, the government debt securities had attracted bids worth Rs10,439 crore from foreign investors against Rs12,715 crore on offer. This limit will be further increased to Rs1.52 lakh crore from 2 January next year.


Source: Mint November 25, 2016 07:09 UTC



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