The Reserve Bank of India, in consultation with the Government of India, has converted two securities maturing in 2018-19 and 2019-20 having total face value of ₹ 6,155 crore to two longer tenor securities maturing in 2025-26 and 2023-24 respectively.

The transaction has been conducted on October 17, 2018 at the Financial Benchmarks India Private Limited (FBIL) prices with a scheduled commercial bank.

Anirudha D. Jadhav
Assistant Manager

Press Release: 2018-2019/918