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Repurchase of Government Securities through Reverse Auction for an aggregate amount of 10,000 crore (face value)

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....epurchase of Government Securities through Reverse Auction for an aggregate amount of 10,000 crore (face value) <br>News and Press Release<br>Dated:- 8-3-2017<br><BR>The Government of India has announ....

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....ced the repurchase of its Securities through reverse auction for an aggregate amount of &#8377; 10,000 crore (face value). The security-wise details of the repurchase are given as under: S.No. Nomen....

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....clature Date of Maturity 1. 7.49% GS 2017 (conv) 16-Apr-2017 2. 8.07% GS 2017-Jul 03-Jul-2017 3. 7.99% GS 2017 09-Jul-2017 4. 7.46% GS 2017 28-Aug-2017 The repurchase by the Government o....

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....f India will be undertaken to redeem prematurely the Government Stocks by utilizing surplus cash balances. The above repurchase of the Government Stocks is purely adhoc in nature. Auction for securi....

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....ties will be on price-based auction 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 ....

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....Banking Solution (E-Kuber) system on march 09, 2017 (Thursday) 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....