Repurchase of '7.55 per cent Government Stock, 2010' under Market Stabilisation Scheme

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....FICATION Repurchase of '7.55 per cent Government Stock, 2010' under Market Stabilisation Scheme F.No.4 (6)-W&M/2008: - As per the provisions contained in the Memorandum of Understanding between the Reserve Bank of India and the Government of India dated March 25, 2004 for launching of the Market Stabilization Scheme, Government of India hereby notifies repurchase of '7.55 per cent Government Sto....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....dia on February 2, 2009 at the price or prices offered by banks and financial institutions whose offers in the repurchase auction have been accepted. The payment shall also include accrued interest on the nominal value of the successful offer of the Government Stock from the date of last coupon payment i.e. from November 14, 2008 to February 1, 2009. 3. Interest Interest shall cease to accrue o....