9911796707
TMI BlogAuction for Sale (Re-Issue) of 7.83 Per Cent Government Stock, 2018, Auction for Sale (Re-Issue) of 7.80 Per Cent Government Stock, 2021 and Auction for Sale (Re-Issue) of 8.30 Per Cent Government Stock, 2040.X X X X Extracts X X X X X X X X Extracts X X X X ..... Auction for Sale (Re-Issue) of 7.83 Per Cent Government Stock, 2018, Auction for Sale (Re-Issue) of 7.80 Per Cent Government Stock, 2021 and Auction for Sale (Re-Issue) of 8.30 Per Cent Government Stock, 2040. - News and Press Release Dated:- 26-7-2011 - News - Press Information Bureau Government of India Ministry of Finance 25-July-2011 19:16 IST Auction for Sale (Re-Issu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e) of 7.83 Per Cent Government Stock, 2018, Auction for Sale (Re-Issue) of 7.80 Per Cent Government Stock, 2021 and Auction for Sale (Re-Issue) of 8.30 Per Cent Government Stock, 2040 PRESS NOTE Government of India have announced the sale (re-issue) of (i) 7.83 percent Government Stock 2018 for a notified amount of Rs.3,000 crore (nominal), (ii) 7.80 percent Government Stock 2021 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for a notified amount of Rs.6,000 crore (nominal) and (iii) 8.30 percent Government Stock 2040 for a notified amount of Rs.3,000 crore (nominal) through price based auctions. The auctions will be conducted using uniform price method. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on July 29, 2011 (Friday). 2. Up to 5% of the notified amount of the sale ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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. 3. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Negotiated Dealing System (NDS) on July 29, 2011. The non- competitive bids should be submitted between 10.30 a.m. and 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1.30 a.m. and the competitive bids should be submitted between 10.30 a.m. and 12.30 p.m. 4. The result of the auctions will be announced on July 29, 2011 and payment by successful bidders will be on August 01, 2011 (Monday). 5. The Stocks will be eligible for When Issued trading in accordance with the guidelines on When Issued transactions in Central Government Securities issued by the Res ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... erve Bank of India vide circular No. RBI /2006-07/178 dated November 16, 2006 as amended from time to time. Department of Economic Affairs, Ministry of Finance New Delhi: July 25, 2011 DSM/SS/GN - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
