Government of India have announced the sale
(re-issue) of (i) “8.07 percent Government Stock
2017-JUL” for a notified amount of Rs. 4,000 crore (nominal)
through price based auction,
(ii) “8.15 percent Government Stock 2022” for a notified amount of Rs. 6,000 crore (nominal) through price based auction, (iii)
“8.97 percent Government Stock 2030” for a notified amount of Rs.3,000 crore (nominal) through price based auction; and
(iv) “8.33 percent Government Stock 2036” for a notified amount of Rs. 2,000 crore (nominal) through price based auction. 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 August 10, 2012 (Friday).
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.
competitive and non-competitive bids for the auction should be submitted in
electronic format on the Negotiated Dealing System (NDS) on August 10, 2012. 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 12.00 p.m.
result of the auctions will be announced on August 10, 2012 and payment by successful bidders will be on
August 13, 2012
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
Department of Economic
Affairs, Ministry of Finance
New Delhi: Shravana 15, 1934; August 06, 2012