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Govt refiners to get Rs10,306 cr oil bonds

Govt refiners to get Rs10,306 cr oil bonds
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First Published: Tue, Sep 15 2009. 10 57 PM IST
Updated: Tue, Sep 15 2009. 10 57 PM IST
New Delhi: The Union government will give state-run refiners bonds worth Rs10,306 crore as compensation for selling oil products at below market prices. The bonds will pay an interest of 8.2% and mature in 2024, the finance ministry said in an emailed statement.
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First Published: Tue, Sep 15 2009. 10 57 PM IST
More Topics: Oil | Refiners | Bonds | Market prices | Money Matters |