May 3, 2018 / 1:08 PM / 18 days ago

BRIEF-India cenbank tweaks govt bond stripping rules

May 3 (Reuters) - Reserve Bank of India:

* RBI - ISSUES GUIDELINES ON STRIPPING/RECONSTITUTION OF GOVERNMENT SECURITIES

* RBI-ALL FIXED COUPON SECURITIES ISSUED BY INDIA GOVERNMENT, IRRESPECTIVE OF YEAR OF MATURITY ARE ELIGIBLE FOR STRIPPING/RECONSTITUTION SUBJECT TO CONDITIONS

* RBI-GOVERNMENT BONDS WILL BE ELIGIBLE FOR STRIPPING PROVIDED THEY FALL UNDER STATUTORY LIQUIDITY RATIO CATEGORY, ARE TRANSFERABLE Source text - bit.ly/2jrxrvs

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