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The authorities has introduced plans to sell a 7.7% stake in Royal Bank of Scotland.
The newest sale of 925 million shares will cut back its holding in RBS from 70.1% to 62.four%.
The bank has been majority owned by the federal government because it was bailed out on the peak of the monetary disaster in November 2008.
As acknowledged by UK Financial Investments, the federal government owned eight.4 billion RBS shares.