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NSE will auction investment limits for Rs.2,800 crore govt bonds

According to the National Stock Exchange(NSE), it will auction investment limits for overseas investors for purchase of govt bonds worth approx Rs.2,800 crore.

The exchange said in a circular that, the auction will be conducted on NSE’s e-bid platform from 1530 hours to 1730 hours, after the close of market hours.

The auction quota will be giving right to overseas investors to invest in debt up to a specified limit.

On September 25, NSE will be conducting an auction for the allocation of unutilised debt investment limits which amounts to approx Rs.2,800 crore.

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