9911796707
TMI BlogAuction for Sale of Government StocksX X X X Extracts X X X X X X X X Extracts X X X X ..... Auction for Sale of Government Stocks X X X X Extracts X X X X X X X X Extracts X X X X ..... ii) "8.30 percent Government Stock 2042" for a notified amount of Rs. 3,000 crore (nominal) through price based auction. The auctions will be conducted using multiple price method. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on February 15, 2013 (Friday). Up to 5% of the notified amount of the sale of the stocks will be allotted to eligible individual ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s 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 the Reserve Bank of India Core Banking Solution (E-Kuber) System on February 15, 2013. The non-competitive bids should be submitted between 10.30 a.m. and 11.30 a.m. and the competit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ive bids should be submitted between 10.30 a.m. and 12.00 noon. The result of the auctions will be announced on February 15, 2013 and payment by successful bidders will be on February 18, 2013 (Monday). The Stocks will be eligible for "When Issued" trading in accordance with the guidelines on 'When Issued transactions in Central Government Securities' issued by the Reserve Bank of India vide c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ircular No. RBI /2006-07/178 dated November 16, 2006 as amended from time to time.
Department of Economic Affairs, Ministry of Finance,Government of India
North Block, New Delhi: Magha 22, 1934; February 11, 2013
DSM/Ka
(Release ID :92159) X X X X Extracts X X X X X X X X Extracts X X X X
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