Auction for Sale (Re-issue) of a 9.23 per cent Government Stock 2043 - आरबीआई - Reserve Bank of India
Auction for Sale (Re-issue) of a 9.23 per cent Government Stock 2043
Government of India NOTIFICATION Auction for Sale (Re-issue) of a 9.23 per cent Government Stock 2043 F. No.4 (4) W&M/2014(iii): Government of India hereby notifies sale of ‘9.23 per cent Government Stock 2043’ (hereinafter called 'the Stock') for an aggregate amount of `. 3,000 crore (nominal).The sale will be subject to the terms and conditions spelt out in this notification (called ‘Specific Notification’) as also the terms and conditions specified in the General Notification F. No. 4 (13)–W&M/2008, dated October 8, 2008 issued by Government of India. Method of Issue 2. The Stock will be sold through Reserve Bank of India, Mumbai Office, Fort, Mumbai- 400 001 in the manner as prescribed in paragraph 5.1 of the General Notification F. No. 4 (13)–W&M/2008, dated October 8, 2008 by a price based auction using uniform price auction method. Allotment to Non-competitive Bidders Place and date of auction When Issued Trading Tenure Date of issue and payment for the stock 7. The result of the auction shall be displayed by the Reserve Bank of India at its Fort, Mumbai Office on April 4, 2014. The payment by successful bidders will be on April 7, 2014. i.e. the date of re-issue. The payment for the Stock will include accrued interest on the nominal value of the Stock allotted in the auction from the date of original issue i.e., December 23, 2013 to April 6, 2014. Interest By Order of the President of India (Dr. Rajat Bhargava) |