Mizoram state to buy back 453 mln rupee bonds-from RBI

MUMBAI, Feb 10 - The state of Mizoram will buy back its loans worth up to 452.9 million rupees in 2009/10, the Indian central bank said in a release on Friday. Accordingly, the Reserve Bank of India will carry out the purchase of these state development loans from market participants on behalf of Mizoram state.

The securities it will buy back are: 200 million rupees of 10.52 percent SDL maturing on April 25, 2010, 149.7 million rupees of 12 percent SDL maturing on Sep. 26, 2010 and 103.2 million rupees of 10.35 percent SDL maturing on May 8, 2011

No comments:

Post a Comment