Monday 18 May 2015

NSE to auction debt securities on Monday

The auction for debt securities worth Rs. 2,684 crore would take place on NSE’s e-bid platform from 3.30 pm to 5.30 pm on Monday 

The National Stock Exchange on Monday will auction investment limit for foreign investors to buy government debt securities worth Rs. 2,684 crore.

The auction for debt securities worth Rs. 2,684 crore would take place on NSE’s e-bid platform from 3.30 pm to 5.30 pm after the close of normal market hours on May 18.

“As informed by the depositories the total investment in Government debt (Auction) has reached INR 1,21,748 Crs. on May 14, 2015 (i.e. 97.84 % of total permitted limit of INR 1,24,432 Crs).

Consequently, Exchange shall conduct an auction for the allocation of unutilized debt limits on May 18, 2015,” NSE said in a circular. 

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