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HomeBusinessIndian cenbank to auction green bonds in 2 tranches in Jan, Feb

Indian cenbank to auction green bonds in 2 tranches in Jan, Feb

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MUMBAI (Reuters) – The Reserve Bank of India will auction 160 billion Indian rupees ($1.93 billion) of sovereign green bonds in two tranches, the central bank said on Friday.

The RBI will auction 5-year and 10-year green bonds worth 40 billion rupees each on Jan. 25 and on Feb. 9, and this would be a uniform price auction, the RBI said. ($1 = 82.7330 Indian rupees)

(This story has been refiled to remove the extraneous headline tag)

(Reporting by Dharamraj Dhutia; Editing by Savio D’Souza)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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