Moneycontrol PRO
Live Now |Traders Carnival 15th Edition - 3 days 12 sessions Virtual Event brought to you by Moneycontrol Pro

India has no plan to hike H1 inflation-linked bond issuance

India has no plans to increase the size of its inflation-indexed bond issuance in the first half of the current fiscal year, a senior finance ministry official told Reuters on Thursday, declining to be identified.

June 20, 2013 / 11:51 AM IST

India has no plans to increase the size of its inflation-indexed bond issuance in the first half of the current fiscal year, a senior finance ministry official told Reuters on Thursday, declining to be identified.


The Reserve Bank of India has said it will sell 10 billion rupees of 1.44 percent 2023 inflation-indexed government bonds on June 25.


The sale would mark the second tranche of up to 150 billion rupees of inflation-linked paper scheduled to be offered at monthly intervals during the current fiscal year, which started in April.

Also Read: Rupee slumps to record low of 59.93/$ 

first published: Jun 20, 2013 11:46 am

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark