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Auction for Sale (Re-Issue) of Government Stocks

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Delhi
Last Updated : Sep 23 2014 | 12:20 AM IST
The Government of India have announced the Sale (re-issue) of (i) 8.27 per cent Government Stock 2020 for a notified amount of Rs. 2,000 crore (nominal) through price based auction, (ii) 8.60 per cent Government Stock 2028 for a notified amount of Rs. 6,000 crore (nominal) through price based auction , (iii) 9.20 per cent Government Stock 2030 for a notified amount of Rs. 2,000 crore (nominal) through price based auction, and (iv) 8.30 per cent Government Stock 2042 for a notified amount of Rs. 2,000 crore (nominal) through price based auction. The auctions will be conducted using Multiple price method. The auctions will be conducted by the Reserve Bank of India(RBI), Mumbai Office, Fort, Mumbai on September 26, 2014 (Friday).

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First Published: Sep 22 2014 | 12:20 AM IST

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