The bonds will mature in three years and have a coupon rate of 6.125%The bond sale received orders in excess of $1.2 billion, with the issue subscribed over 2.5 times
1 min read22 Oct 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared