BSE to auction investment limits for Rs 66-bn govt bonds tomorrow

The auction will be conducted on BSE's ebidxchange platform from 3:30 pm to 5:30 pm, after the close of market hours

Image
Press Trust of India New Delhi
Last Updated : Jan 07 2018 | 2:05 PM IST
Leading stock exchange BSE will auction investment limits for foreign investors for purchase of government bonds worth over Rs 66 billion tomorrow.

The auction for investment limits for such securities has been receiving a good response from foreign portfolio investors (FPIs) in recent past.

The auction will be conducted on BSE's ebidxchange platform from 3:30 pm to 5:30 pm, after the close of market hours.

Also Read

The debt auction quota gives overseas investors the right to invest in the debt up to the limit purchased.

"Live bidding session for allocation of debt investment limits (Rs 66.66 billion) for FII/FPI/sub accounts shall be conducted on January 8, 2018 on exchange's 'ebidxchange' platform," BSE said in a notice.

Besides, a mock bidding session was conducted on Friday to check the system's performance.

In an auction conducted last month, investment limits for government debt securities had attracted bids to the tune of Rs 4,061 crore by FPIs as against Rs 30.74 billion on offer.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 07 2018 | 1:45 PM IST

Next Story