Auction for Sale of Govt Stocks on November 13
Government of India have announced the sale (re-issue) of (i) “7.02 percent Government Stock 2016” for a notified amount of Rs.3,000 crore (nominal) (ii) “6.90 percent Government Stock 2019” for a notified amount of Rs.4,000 crore (nominal) and (iii) "8.24 percent Government Stock 2027" for a notified amount of Rs.3,000 crore (nominal) through price based auctions. 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 November 13, 2009 (Friday).
Courtesy: Ministry of Finance release
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