New Procedure in CB Bond Auction

For new auctioning of central bank bond, new procedure will be introduced minimising possible frauds, said CB Governor, Dr. Indrajit Coomaraswamy.  In this connection new procedure will be prepared by obtaining  the services of experts from the World Bank and International Monetary Fund. In a few months time this new  procedure will come into effect. Through this new procedure, one will be able to  identify  accelerated development in bond auction.