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Sale (re-issue) of Government Stocks through price based auction

News and Press Release - Dated:- 31-5-2016 - The Government of India have announced the Sale (re-issue) of (i) 7.68 per cent Government Stock 2023 for a notified amount of ₹ 3,000 crore (nominal) through price based auction, (ii) 7.59 per cent .....

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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 (RBI), Mumbai Offic .....

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es. 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 June 3, 2016. The non-competitive bids should be submitted between 10.30 a.m .....

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