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Conversion of Government of India (GoI)’s Securities

The Reserve Bank of India, in consultation with the Government of India, has converted a security maturing in 2019-20, having a total face value of ₹9,876 crore, to a longer tenor security maturing in 2027-28. The transaction was conducted on January 25, 2019 with a scheduled commercial bank.

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/1759

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