Haryana Government Notifies New Terms for State Government Securities Sale and Issuance
1 day agoBusiness
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Haryana Government Notifies New Terms for State Government Securities Sale and Issuance

The Haryana government has issued a new notification detailing the terms for selling and issuing state government securities, replacing a 2007 directive. These securities, to be issued in dematerialized form against the state's consolidated fund, will be available to various investors including individuals, companies, and funds. The framework outlines objectives, types, features, and issuance procedures, allowing for fixed coupon rate securities with a minimum one-year maturity, potentially issued at par, discount, or premium.

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