'Notified sale of Govt securities of 10-year tenure'

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The Haryana Government on Saturday said it has notified the sale of Government securities of 10-year tenure for an aggregate Rs1,000 cr (nominal).

A notification to this effect was issued by the State Finance Department. As per the notification, the proceeds of the loan will be utilised to finance State plan outlay in connection with development programmes. Up to 10 per cent of the notified amount of the sale will be allotted to eligible individuals/institutions subject to a maximum limit of 1 per cent for a single bid, as per the revised scheme for non-competitive bidding.

Daily Pioneer
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