On advise of the Goa government, the Reserve Bank of India will auction Rs. 100 crore sovereign securities later this day. According to finance secretary Daulat Hawaldar, Securities are auctioned for financing capital expenditure in connection with the development programmes of the Government of Goa.
The auction will be held through Reserve Bank of India Core Banking Solution (E-Kuber) system between 10:30 a.m. and 12:00 p.m. The loan will be repaid at par on December 11, 2029.