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Modification in Issuance Calendar for Marketable Dated Securities for Jan-March 2013 |
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1-1-2013 | |||||||||||||||||||||||||||||||||||||||||||
Press Information Bureau Government of India Ministry of Finance 31-December-2012 10:35 IST In view of the cash position of Government of India, it has been decided to revise the indicative calendar for marketable dated securities for January-March 2013. The auction of dated securities for Rs. 12,000 crore scheduled in the week ending January 4, 2013 has been shifted to the week ending February 22, 2013.
As hitherto, all the auctions covered by the calendar will have the facility of non-competitive bidding scheme under which five per cent of the notified amount will be reserved for the specified retail investors. Like in the past, the Government of India/ Reserve Bank will continue to have the flexibility to bring about modifications in the above calendar in terms of notified amount, issuance period, maturities etc. and to issue different types of instruments depending upon the requirement of the Government of India, evolving market conditions and other relevant factors after giving due notice. **** DSM/RS/ka |
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