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    <title>Auction for Sale (Re-issue) of ‘8.07 per cent Government Stock, 2017-JUL’</title>
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    <description>Reissue of 8.07 per cent Government Stock, 2017-JUL will be sold by uniform price auction on the RBI E-Kuber system with designated windows for non-competitive and competitive bids; up to 5% of the notified amount will be allotted to eligible non-competitive bidders. Auction results will be displayed by the RBI and payment by successful bidders is due on the reissue date, inclusive of accrued interest. The Stock carries a five-year tenure repayable at par and bears 8.07% per annum interest payable semiannually; it is eligible for when-issued trading under RBI guidelines.</description>
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