September 17, 2012 / 12:21 PM / 5 years ago

India to sell 150 bln rupees of debt on Sept 21

MUMBAI, Sept 17 (Reuters) - India will sell 150 billion rupees ($2.8 billion) of bonds on Sept. 21, the Reserve Bank of India said in a release on Monday.

It will sell 70 billion rupees of the new 13-year 2025 bonds and 40 billion rupees of 8.19 percent 2020 bonds.

It will also sell 20 billion rupees each of 8.28 percent 2032 bonds and 8.83 percent 2041 bonds.

$1=54 rupees Reporting by Shamik Paul; Editing by Anupama Dwivedi

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