Government of India announce the sale of Three dated securities for Rs. 10,000 crore on February 7, 2014

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....overnment of India announce the sale of Three dated securities for Rs. 10,000 crore on February 7, 2014 <br>News and Press Release<br>Dated:- 3-2-2014<br><BR>The Government of India have announced the sale (re-issue) of three dated securities as per the following details: Sr. No. Security Notified Amount (Rs. Cr) Auction Date Settlement date 1 8.12% Government Stock 2020 3,000 February 7....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

...., 2014 (Friday) February 10, 2014 (Monday) 2 8.83% Government Stock 2023 5,000 3 8.32% Government Stock 2032 2,000 The auctions will be conducted using uniform price method. Up to 5% of the notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities. Bot....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....h competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on February 7, 2014. The non-competitive bids should be submitted between 10.30 a.m. and 11.30 a.m. and the competitive bids should be submitted between 10.30 a.m. and 12.00 noon. The result of the auctions will be announced on February....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 7, 2014. The stocks will qualify for the ready forward facility. The underwriting of the Government Securities under auctions by the 'Primary Dealers' will be as per the "Revised Scheme of Underwriting Commitment and Liquidity Support" announced by the Reserve Bank vide circular RBI/2007-08/186 dated November 14, 2007. Bids for underwriting of the Additional Competitive Underwriting (ACU) porti....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....on can be submitted by 'Primary Dealers' from 10:30 AM up to 12.00 noon on February 6, 2014 (Thursday) on the Reserve Bank of India Core Banking Solution (E-Kuber) system. The Stocks will be eligible for "When Issued" trading for a period commencing from February 4, 2014- February 7, 2014 in accordance with the guidelines on 'When Issued transactions in Central Government Securities' issued by th....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e Reserve Bank of India vide circular No. RBI /2006-07/178 dated November 16, 2006 as amended from time to time. Ajit Prasad Assistant General Manager<BR> News - Press release - PIB....