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Auction for Sale (Re-issue) of Government Stocks

News and Press Release - Dated:- 3-5-2016 - Government of India have announced the Sale (issue/re-issue) of (i) 7.35 per cent Government Stock 2024 for a notified amount of ₹ 3,000 crore (nominal) through price based auction, (ii) 14 years New .....

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and (iv) 8.13 per cent Government Stock 2045 for a notified amount of ₹ 2,000 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 .....

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overnment 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 May 6, 2016. The non-competitive bids should be submitted .....

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