Govt likely to announce auction of cash management bills; may raise Rs.20,000 cr short-term debt
The government may announce the auction of cash management bills (CMB) worth Rs 20,000 crore maturing in 40 days or 45 days to roll over the 45-day CMB maturing on August 10 (Friday) amid continued government spending ahead of key state elections.
The government may announce the auction of cash management bills worth Rs 20,000 crore maturing in 40 days or 45 days. Image source: AFP