RBI to auction four dated govt securities worth Rs 16,000 cr on May
30
26/05/2014 17:19
The Reserve Bank said that it will conduct auction of government’s four dated securities worth Rs 16,000 crore using uniform price method on May 30. “The central bank will auction “8.3% Government Stock 2022” for Rs 4,000 crore, “New 14 Year Government Stock” for Rs 7,000 crore, “9.20% Government Stock 2030” for Rs 2,000 crore, and “9.23% Government Stock 2043” for Rs 3000 crore, using uniform price method on May 30,” RBI said in a notification. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India (RBI) Core Banking Solution (E-Kuber) system on May 30, 2014. The result of the auctions will be announced on May 30, 2014, it added.
26/05/2014 17:19
The Reserve Bank said that it will conduct auction of government’s four dated securities worth Rs 16,000 crore using uniform price method on May 30. “The central bank will auction “8.3% Government Stock 2022” for Rs 4,000 crore, “New 14 Year Government Stock” for Rs 7,000 crore, “9.20% Government Stock 2030” for Rs 2,000 crore, and “9.23% Government Stock 2043” for Rs 3000 crore, using uniform price method on May 30,” RBI said in a notification. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India (RBI) Core Banking Solution (E-Kuber) system on May 30, 2014. The result of the auctions will be announced on May 30, 2014, it added.
