Auction for Sale (Re-Issue) of Government Stocks

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) 8.24 per cent Government Stock 2033 for a notified amount of Rs. 3,000 crore (nominal) through price based auction, and (iv) 8.30 per cent Government Stock 2040 for a notified amount of Rs. 3,000 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 January 23, 2015 (Friday).