Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>India Re-issues Government Stocks Worth Rs. 15,000 Crore Via Auction; Payment Due by July 14.</h1> The Government of India announced the re-issue of four government stocks through price-based auctions, totaling Rs. 15,000 crore. These include 8.27% stock maturing in 2020 for Rs. 3,000 crore, 8.83% stock maturing in 2023 for Rs. 7,000 crore, 8.32% stock maturing in 2032 for Rs. 2,000 crore, and 8.30% stock maturing in 2042 for Rs. 3,000 crore. The auctions, conducted by the Reserve Bank of India on July 11, 2014, utilize a uniform price method. Up to 5% of the notified amount is reserved for eligible individuals and institutions under a non-competitive bidding scheme. Results will be announced on July 11, with payment due by July 14.