The Reserve Bank of India (RBI) will decide whether or not to issue more floating-rate bonds in the current fiscal year ending March 2010, finance secretary Ashok Chawla said on Wednesday.
Last Friday, the central bank said it will auction Rs90 billion of bonds, 20 billion of which would be in 11-year floating rate format, on December 18.
Chawla also said India's 2009-10 (April-March) tax receipts may exceed the budgeted target of Rs6.7 trillion.
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