The Reserve Bank of India in consultation with the Government of India has converted two securities from its portfolio, maturing in 2015-16 for a total face value of about `30,228 crore to a longer tenor security maturing in 2026-27. The transaction has been conducted on March 20, 2015 at Fixed Income Money Market and Derivatives Association of India (FIMMDA)/market prices.

Ajit Prasad
Assistant General Manager

Press Release : 2014-2015/1995