RBI is about to sell 3 Government Securities worth Rs 30,000 crore

The Reserve Bank of India declared the sale of three government dated securities worth Rs 30,000 crore. The securities will be sold from the Mumbai office of the Reserve Bank of India on August 21. They also give the option of additional subscription up to Rs 2,000 crore about each security. The payment of the successful bidders will occur on August 24, 2020.