State Development Loans (SDLs) Current Affairs, GK & News

RBI changes G-Sec Auction Methodology

Reserve Bank of India (RBI), while reviewing market conditions and market borrowing program of government, has decided that benchmark securities of 2-year tenor, 3-year tenor, 5-year tenor, 10-year tenor & 14-year tenor and Floating Rate Bonds (FRBs) will be issued using uniform price auction method. However, for benchmark securities of 30-year and 40-year, auction will ..