. RBI cancels auction for Rs 17,000-crore govt bonds - Trade FX, CFD, Stocks, BTC, Indices, Gold & Oil - 1:1000 Leverage & Bonus - CSFX

RBI cancels auction for Rs 17,000-crore govt bonds

RBI cancels auction for Rs 17,000-crore govt bonds

31 Dec 2021

In the weekly auction held on the last day of the calendar year, the merchant banker for North Block did not accept any bids for the benchmark series and a set of floating rate bonds maturing in 2028. Bidders were likely higher than the central bank’s comfort level.