9911796707
TMI BlogRepurchase of Government Securities through Reverse AuctionX X X X Extracts X X X X X X X X Extracts X X X X ..... Repurchase of Government Securities through Reverse Auction X X X X Extracts X X X X X X X X Extracts X X X X ..... se auction for an aggregate amount of ₹ 15,000 crore (face value). The security-wise details of the repurchase are given as under: S. No. Nomenclature Date of maturity 1 8.07% Government ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Stock 2017 15-Jan-2017 2 7.49% Government Stock 2017 (Conv) 16-Apr-2017 3 8.07% Government Stock 2017-Jul 03-Jul-2017 4 7.99% Government Stock 2017 09-Jul-2017 5 7.46% Government Stoc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... k 2017 28-Aug-2017 The repurchase by the Government of India will be undertaken to redeem prematurely the Government Stocks by utilizing surplus cash balances. The above repurchase of the Government ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Stocks is purely ad hoc in nature. Auction for securities will be on price-based auction format. The auctions will be conducted using multiple price method. Bids for the auction should be submitted ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on November 07, 2016 (Monday) between 10.30 a.m. and 12.00 noon. The result of the auctions will be announced o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n 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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