According to the National Stock Exchange(NSE), it will auction investment limits for overseas investors for purchase of govt bonds worth approx Rs.2,800 crore.
The exchange said in a circular that, the auction will be conducted on NSE’s e-bid platform from 1530 hours to 1730 hours, after the close of market hours.
The auction quota will be giving right to overseas investors to invest in debt up to a specified limit.
On September 25, NSE will be conducting an auction for the allocation of unutilised debt investment limits which amounts to approx Rs.2,800 crore.