Just a moment...

Top
Help
AI OCR

Convert scanned orders, printed notices, PDFs and images into clean, searchable, editable text within seconds. Starting at 2 Credits/page

Try Now
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Government of India Announces the Repurchase of Its Securities Through Reverse Auction for an Aggregate Amount of 20,000 Crore (Face Value)

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 Announces the Repurchase of Its Securities Through Reverse Auction for an Aggregate Amount of 20,000 Crore (Face Value) <br>News and Press Release<br>Dated:- 13-9-2014<br><BR>The Go....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....vernment of India have announced the repurchase of its Securities through reverse auction for an aggregate amount of &#x20B9; 20,000 crore (face value). The security-wise details of the repurchase ar....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e given as under: Sr No Nomenclature Date of Maturity 1 7.32 per cent Government Stock 2014 20-Oct-2014 2 7.56 per cent Government Stock 2014 03-Nov-2014 3 6.49 per cent Government Stock 20....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....15 08-June-2015 4 7.17 per cent Government Stock 2015 14-June-2015 5 7.38 per cent Government Stock 2015(Conv) 03-Sep- 2015 The repurchase by the Government of India will be undertaken to pre....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....maturely redeem the Government Stocks by utilizing surplus cash balances. The above repurchase of the Government Stocks is purely ad hoc in nature. Auction for securities will be on price based aucti....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....on format. The auctions will be conducted using multiple price method. Bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... on September 16, 2014 (Tuesday) between 10.30 a.m. and 12.00 noon. The result of the auctions will be announced on the same day.<BR> News - Press release - PIB....