PANJIM: The State government will be selling Stock (Securities) of 10-year tenure of an aggregate amount of Rs 100 crore (nominal).
The Stock will be sold through the Reserve Bank of India (RBI), Mumbai office (Public Debt Office) at Fort by auction on June 15, 2021.
The borrowing is part of the Government of India’s approved planned borrowing for the State for 2021-22.
The proceeds of the loan will be utilised for financing capital expenditure in connection with the development programmes of the Government of Goa. Consent of Central Government has been obtained to the floatation of this loan as required by Article 293(3) of the Constitution of India.
