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    <title>Repurchase of Government Securities Through Reverse Auction for Rs. 15,000 Crore Announced</title>
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    <description>Announcement of a repurchase of government securities via reverse auction to prematurely redeem specified Government Stocks by utilising surplus cash balances. The repurchase is ad hoc and covers listed dated stocks maturing in 2014-2015. The auction is price-based using the multiple price method; bids must be submitted electronically on the Reserve Bank of India E Kuber system during the prescribed bidding window, with results announced the same day.</description>
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