Auction of Government of India Dated Securities

Government of India have offered to sell (new/re-issue) (a) “A new 8-Year Government stock ” for a notified amount of Rs.4,000 crore (nominal) through a yield based auction using uniform price method vide Notification No.4(5)-W&M/2012 dated December 03, 2012; (b) “8.20 percent Government Stock 2025” for a notified amount of Rs.6,000 crore (nominal) through a price based auction using uniform price method vide Notification No.4(5)- W&M/2012(i) dated December 03, 2012; and (c) “8.83 percent Government Stock 2041” for a notified amount of Rs. 2,000 crore (nominal) through a price based auction using uniform price method vide Notification No.4(5)-W&M/2012(ii) dated December 03, 2012. The
Reserve Bank of India at Mumbai will conduct the auctions on December 07, 2012. The salient features of the auctions and the terms and conditions governing the issue of the Stocks are given in the Notifications (copies enclosed), which should be read along with the General Notification F.No. 4 (13)–W&M/2008, dated October 8, 2008 issued by Government of India.

To view the full text of the notification, please follow the link

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