Business

Centre announces sale of 5 dated securities for Rs 12,000 cr

INDSAMACHAR

New Delhi [India], Nov 13 : The central government has announced the sale (re-issue) of five dated securities for Rs 12,000 crore.
For security of 6.65 per cent Government Securities (GS) 2020, the notified amount is Rs 2,000 crore. For security of 7.37 per cent GS 2023, the notified amount is Rs 2,000 crore. For security of 7.95 per cent GS 2032, the notified amount is Rs 3,000 crore, according to a press release by the Reserve Bank of India (RBI).
The security of 7.40 per cent GS 2035 has a notified amount of Rs 2,000 crore, while for security of 7.72 per cent GS 2055, the notified amount is Rs 3,000 crore.
Subject to the limit of Rs 12,000 crore, being the total notified amount, the Centre will have the option to retain additional subscription of up to Rs 1,000 crore each against any one or more of the above security. The auction will be conducted using the multiple price method.
Up to five percent of the notified 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 RBI Core Banking Solution (E-Kuber) system on November 16. The non-competitive bids should be submitted between 10:30 am and 11:30 am, and the competitive bids should be submitted between 10.30 a.m. and 12.00 noon, the RBI said.
The result of the auctions will be announced on November 16. The stocks will qualify for the ready forward facility, the statement said.
The underwriting of the government securities under auctions by the ‘primary dealers’ will be as per the “revised scheme of underwriting commitment and liquidity support” announced by the RBI. Bids for underwriting of the Additional Competitive Underwriting (ACU) portion can be submitted by ‘primary dealers’ from 10:30 am up to 12.00 noon on November 15 on the RBI Core Banking Solution (E-Kuber) system.
The stocks will be eligible for “when issued” trading for a period commencing from November 13 to 16 in accordance with the guidelines on ‘when-issued transactions in central government securities’ issued by the central bank dated November 16, 2006 as amended from time to time.

35 Comments

35 Comments

  1. Pingback: seo prutser

  2. Pingback: daftar judi togel

  3. Pingback: Best place to buy prescription medications safely online overnight

  4. Pingback: 4mytree.info

  5. Pingback: medical marijuana for sale

  6. Pingback: fake Longines la grande classique

  7. Pingback: tutoring service

  8. Pingback: huong dan dang ky 12bet

  9. Pingback: click here

  10. Pingback: thenaturalpenguin

  11. Pingback: Online Reputation Management Services

  12. Pingback: Stump Grinding Licensed

  13. Pingback: fake rolex

  14. Pingback: breitling replica watches

  15. Pingback: Sub-Zero ID-24F manuals

  16. Pingback: Sharp VL-WD255U manuals

  17. Pingback: CI CD

  18. Pingback: Agile DevOps

  19. Pingback: south dakota cornhole

  20. Pingback: buy dumps with pin online

  21. Pingback: kocioł parowy

  22. Pingback: 카지노사이트

  23. Pingback: microsoft exchange online plan 2

  24. Pingback: ถ้วยฟอยล์

  25. Pingback: cc dumps good balance

  26. Pingback: beretta a400 xtreme plus

  27. Pingback: dotnek.com

  28. Pingback: buy dmt online bulk orders

  29. Pingback: Runtz Marijuana Dispensary

  30. Pingback: 로켓툰

  31. Pingback: ถาดกระดาษ

  32. Pingback: psilocybin mushrooms for sale​

  33. Pingback: maxbet

  34. Pingback: sbobet

  35. Pingback: magic mushroom microdose for sale​

Leave a Reply

Your email address will not be published.

14 + ten =

News is information about current events. News is provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, and also on the testimony of observers and witnesses to events. It is also used as a platform to manufacture opinion for the population.

Contact Info

Address:
D 601  Riddhi Sidhi CHSL
Unnant Nagar Road 2
Kamaraj Nagar, Goreagaon West
Mumbai 400062 .

Email Id: [email protected]

West Bengal

Eastern Regional Office
Indsamachar Digital Media
Siddha Gibson 1,
Gibson Lane, 1st floor, R. No. 114,
Kolkata – 700069.
West Bengal.

Office Address

251 B-Wing,First Floor,
Orchard Corporate Park, Royal Palms,
Arey Road, Goreagon East,
Mumbai – 400065.

Download Our Mobile App

IndSamachar Android App IndSamachar IOS App
To Top
WhatsApp WhatsApp us