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TMI BlogGovernment of India announce the sale of three dated securities for Rs. 13,000 crore on November 30, 2012X X X X Extracts X X X X X X X X Extracts X X X X ..... Government of India announce the sale of three dated securities for Rs. 13,000 crore on November 30, 2012 X X X X Extracts X X X X X X X X Extracts X X X X ..... otified amount of Rs.7,000 crore (nominal) through price based auction; and (iii) '8.97 percent Government Stock 2030' for a notified amount of Rs.3,000 crore (nominal) through price based auction. The auctions will be conducted using uniform price method. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on November 30, 2012 (Friday). Up to 5% of the notif ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ied amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities. Both competitive and non-competitive bids for the auction should be submitted in electronic format on Reserve Bank of India Core Banking Solution (E-Kuber) system on November 30, 2012. The non-competitive bid ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s should be submitted between 10.30 a.m. and 11.30 a.m. and the competitive bids should be submitted between 10.30 a.m. and 12.00 noon. The result of the auctions will be announced on November 30, 2012 and payment by successful bidders will be on December 03, 2012 (Monday). The stocks will qualify for the ready forward facility. The underwriting of the Government Securities under auctions by th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e 'Primary Dealers' will be as per the 'Revised Scheme of Underwriting Commitment and Liquidity Support' announced by the Reserve Bank vide circular RBI/2007-08/186 dated November 14, 2007. Bids for underwriting of the Additional Competitive Underwriting (ACU) portion can be submitted by 'Primary Dealers' from 10.30 AM to 12.00 noon on November 29, 2012 (Thursday) on the Reserve Bank of India Core ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Banking Solution (E-Kuber) system. The Stocks will be eligible for 'When Issued' trading from November 27 - November 30, 2012 in accordance with the guidelines on 'When Issued transactions in Central Government Securities' issued by the Reserve Bank of India vide circular No. RBI /2006-07/178 dated November 16, 2006 as amended from time to time. Ajit Prasad Assistant General Manager Press Rel ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ease : 2012-2013/879 X X X X Extracts X X X X X X X X Extracts X X X X
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