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TMI BlogRepurchase of Government Securities through reverse auction for an aggregate amount of 20,000 crore (face value)X X X X Extracts X X X X X X X X Extracts X X X X ..... Repurchase of Government Securities through reverse auction for an aggregate amount of 20,000 crore (face value) X X X X Extracts X X X X X X X X Extracts X X X X ..... ounced the repurchase of its Securities through reverse auction for an aggregate amount of ₹ 20,000 crore (face value). The security-wise details of the repurchase are given as under: S. No. N ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... omenclature Date of maturity 1 8.07 % Government Stock 2017 15-Jan-2017 2 7.49 % Government Stock 2017 (con) 16-Apr-2017 3 8.07 % Government Stock 2017 - Jul 3-Jul-2017 4 7.99 % Governmen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t Stock 2017 9-Jul-2017 5 7.46 % Government Stock 2017 28-Aug-2017 The repurchase by the Government of India will be undertaken to redeem prematurely the Government Stocks by utilizing surplus ca ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sh balances. The above repurchase of the Government Stocks is purely ad hoc in nature. Auction for securities will be on price-based auction format. The auctions will be conducted using multiple pric ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e method. Bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on October 24, 2016 (Monday) between 10.30 a.m. and 12.00 no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on. The result of the auctions will be announced on the same day. X X X X Extracts X X X X X X X X Extracts X X X X
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