Revised Press Release with reference to Press Release issued on 5.10.2020 for Auction for Sale (Re-Issue) of ‘5.09% GS 2022’, Auction for Sale (Re-Issue) of ‘5.77% GS 2030’, Auction for Sale (Re-issue) of ‘GoI Floating Rate Bond 2033’, and Auction for Sale (Re-issue) of ‘ 6.80% GS 2060’

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....evised Press Release with reference to Press Release issued on 5.10.2020 for Auction for Sale (Re-Issue) of ‘5.09% GS 2022’, Auction for Sale (Re-Issue) of ‘5.77% GS 2030’, Auction for Sale (Re-issue) of ‘GoI Floating Rate Bond 2033’, and Auction for Sale (Re-issue) of ‘ 6.80% GS 2060’ <br>News and Press Release<br>Dated:- 7-10-2020<br><BR>The Government of India (GoI) has announce....

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....d the Sale (Re-issue) of (i) '5.09 per cent Government Stock, 2022' for a notified amount of &#8377; 3,000 crore (nominal) through price based auction, (ii) '5.77 per cent GS, 2030' for a notified amount of &#8377; 13,000 crore (nominal) through price based auction, (iii) 'GoI Floating Rate Bonds, 2033' for a notified amount of &#8377; 3,000 crore (nominal) through price based auction, and (iv) '6....

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.....80% Government Stock, 2060' for a notified amount of &#8377; 9,000 crore (nominal) through price based auction. GoI will have the option to retain additional subscription up to &#8377; 2,000 crore against each of the above securities. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on October 9, 2020 (Friday) using multiple price method. Up to 5% of the n....

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....otified 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. Both 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 October 9, 2020. The non-competiti....

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....ve bids should be submitted between 12.00 Noon and 12.30 p.m. and the competitive bids should be submitted between 12.00 Noon and 1.00 p.m. The result of the auctions will be announced on October 9, 2020 (Friday) and payment by successful bidders will be on October 12, 2020 (Monday). The Stocks will be eligible for "When Issued" trading in accordance with the guidelines on 'When Issued transact....

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....ions in Central Government Securities' issued by the Reserve Bank of India vide circular No. RBI/2018-19/25 dated July 24, 2018 as amended from time to time.<BR> News - Press release - PIB....