Auction of Government of India Dated Securities Scheduled on February 22, 2013 Cancelled

On review of the Government of India’s cash position and funding requirement, it has been decided, in consultation with Reserve Bank of India(RBI), to reduce the government market borrowing through dated securities by Rs. 12,000/- crore for the current financial year. Accordingly, the auction for dated securities scheduled on February 22, 2013 for Rs. 12,000/- crore has been cancelled.

DSM/RS/ka

(Release ID :92290)