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Auction
for Sale (Re-issue) of ‘6.49 per cent
Government Stock, 2015’, ‘ A New Ten year
Govt. Stock,’ auction for Sale (Re-issue)
‘7.35 per cent Government Stock, 2024’ and
‘7.50 per cent Government Stock, 2035’
Auction
for Sale (Re-issue) of ‘6.07 per cent
Government Stock, 2014’, ‘ auction for Sale (Re-issue)
‘7.94 per cent Government Stock, 2021’ and
auction for sale (Re-issue) of
‘7.40 per cent Government Stock, 2035’
Auction
for Sale (Re-issue) of ‘6.49 per cent
Government Stock, 2015’, ‘ A New Ten year
Govt. Stock,’ auction for Sale (Re-issue)
‘7.35 per cent Government Stock, 2024’ and
‘7.50 per cent Government Stock, 2035’
Government
of India have announced the sale (re-issue) of (i)
“6.49 percent Government Stock 2015” for a
notified amount of Rs. 5,000 crore (nominal) through
a priced based auction (ii) sale of a new
“Ten year Government Stock” for a notified
amount of Rs.6,000 crore (nominal) through a
yield based auction. (iii) sale (re-issue)of
"7.35 percent Government Stock 2024"
for a notified amount of Rs.2,000 crore
(nominal) through price based auction and (iv)sale
(re-issue) of
“7.50 percent Government Stock 2034”
for a notified amount of Rs. 2,000 crore
(nominal) through price based auction. All the
auctions will be conducted using uniform
price method. The auctions will be conducted
by the Reserve Bank of India, Mumbai Office,
Fort, Mumbai on July 10, 2009
(Friday).
2.
Up to 5% of the notified amount of the
sale of the
stocks will be allotted to
eligible individuals and Institutions as per the
Scheme for Non-Competitive Bidding Facility in
the Auction of Government Securities.
3.
Both competitive and non-competitive bids
for the auction should be submitted in
electronic format on the Negotiated Dealing
System (NDS) on July 10, 2009. The
non-competitive bids should be submitted between
10.30 a.m. and 11.30 a.m.
and the competitive bids should be submitted
between 10.30 a.m. and 12.30 p.m.
4.
The result of the auctions will be
announced on July 10, 2009 and payment by
successful bidders will be on July 13, 2009
(Monday).
5.
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 circular No.
RBI /2006-07/178 dated November 16, 2006 as
amended from time to time.
6.
As per the
indicative calendar, the Government of India was
to auction
dated securities amounting to Rs.8,000 crore during
July 3-10, 2009.
The Government of India, considering its emerging
requirements and the overall liquidity
conditions, have decided, in consultation with
the Reserve Bank of India, to auction dated
securities amounting to Rs. 15,000 crore.
GOVERNMENT
OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF ECONOMIC AFFAIRS
NEW DELHI -110001
Dated,
July 6, 2009
Auction
for Sale (Re-issue) of ‘6.07 per cent
Government Stock, 2014’, ’ auction for Sale (Re-issue)
‘7.94 per cent Government Stock, 2021’ and
auction for sale (Re-issue) 7.40 per cent Government Stock, 2035’
Government
of India have announced the sale (re-issue) of (i)
“6.07 percent Government Stock 2014” for a
notified amount of Rs.6,000 crore (nominal) (ii)
“7.94 percent Government Stock 2021” for a
notified amount of Rs.4,000
crore (nominal) (iii) "7.40 percent
Government Stock 2035" for a notified
amount of Rs.2,000 crore (nominal) through price
based auctions. All the auctions will be
conducted using uniform price method. The
auctions will be conducted by the Reserve Bank
of
India
, Mumbai Office, Fort, Mumbai on July 17, 2009
(Friday).
2.
Up to 5% of the notified amount of the
sale of the stocks will be allotted to eligible individuals and
Institutions as per the Scheme for
Non-Competitive Bidding Facility in the Auction
of Government Securities.
3.
Both competitive and non-competitive bids
for the auction should be submitted in
electronic format on the Negotiated Dealing
System (NDS) on July 17, 2009. The
non-competitive bids should be submitted between
10.30 a.m. and 11.30 a.m.
and the competitive bids should be submitted
between 10.30 a.m. and 12.30 p.m.
4.
The result of the auctions will be
announced on July 17, 2009 and payment by
successful bidders will be on July 20, 2009
(Monday).
5.
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 circular No. RBI /2006-07/178 dated
November 16, 2006 as amended from time to time.
6.
As per the
indicative calendar, the Government of India was
to auction
dated securities amounting to Rs.10,000 crore during
July 10-17, 2009.
The Government of India, considering its cash balance
and the overall liquidity conditions, have
decided, in consultation with the Reserve Bank
of India, to auction dated securities amounting
to Rs.12,000 crore.
GOVERNMENT
OF
INDIA
MINISTRY
OF FINANCE
DEPARTMENT
OF ECONOMIC AFFAIRS
NEW DELHI
-110001
Dated,
July 10, 2009
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