Auction for Sale (Re-issue ) of ‘7.06 per cent Government Stock, 2046’ - ആർബിഐ - Reserve Bank of India
Auction for Sale (Re-issue ) of ‘7.06 per cent Government Stock, 2046’
Government of India New Delhi, dated November 01, 2016 NOTIFICATION Auction for Sale (Re-issue ) of ‘7.06 per cent Government Stock, 2046’ F. No.4 (3 )-W&M/2016(iii) : Government of India hereby notifies sale (reissue) of ‘7.06 per cent Government Stock, 2046’ (hereinafter called 'the Stock') for an aggregate amount of Rs. 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 Allotment to Non-competitive Bidders Place and date of auction When Issued Trading Tenure 7. The result of the auction shall be displayed by the Reserve Bank of India at its Fort, Mumbai office on November 04, 2016. The payment by successful bidders will be on November 07, 2016, 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., October 10, 2016 to November 06, 2016. Interest By Order of the President of India (Prashant Goyal) |