Auction for Sale (Re-issue) of ‘8.35 per cent Government Stock, 2022' - ଆରବିଆଇ - Reserve Bank of India
Auction for Sale (Re-issue) of ‘8.35 per cent Government Stock, 2022'
Government of India New Delhi, dated April 1, 2014 NOTIFICATION Auction for Sale (Re-issue) of ‘8.35 per cent Government Stock, 2022 F. No.4 (4)-W&M/2014: Government of India hereby notifies sale (reissue) of ‘8.35 per cent Government Stock, 2022’ (hereinafter called 'the Stock') for an aggregate amount of `. 4,000 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 3. The Government Stock up to 5 % of the notified amount of the sale will be allotted to eligible individuals and institutions as per the enclosed Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities (Annex). Place and date of auction When Issued Trading Tenure Date of issue and payment for the stock Interest 8. Interest at the rate of 8.35 per cent per annum will accrue on the nominal value of the Stock from the date of last coupon payment and will be paid half yearly on May 14 and November 14. By Order of the President of India (Dr Rajat Bhargava) |