Tamil Nadu Government Announces Auction of 10-Year Securities

The Tamil Nadu government has declared the offering of 10-year securities worth Rs. 1000 crore in the form of stock to the public through an auction. The auction will be overseen by the Reserve Bank of India at its Mumbai office, located in Fort, Mumbai, on April 2, 2024. Competitive bids can be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) System between 10.30 a.m. and 11.30 a.m., while non-competitive bids can be submitted between 10.30 a.m. and 11 a.m. on April 2, 2024. This notification was published on March 28, 2024.