The auction would be conducted for investment limits worth Rs 5,481 crore of government debt securities, while the same would be Rs 3,360 crore for corporate bonds.
The debt auction quota gives overseas investors the right to invest in the debt up to the limit purchased. The auction will be conducted on NSE’s e-bid platform from 1530 hours to 1730 hours after the close of market hours.
Till Thursday, total investment in government debt reached Rs 1,82,219 crore, which was 97.08% of total permitted limit of Rs 1,87,700 crore while the same in corporate bond stood at Rs 2,40,963 crore (98.62% of total permitted limit of Rs 2,44,323 crore).
Consequently, the exchange has decided to conduct an auction for the allocation of unutilised debt limits on August 14, 2017.
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