Up to 20% 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 Reserve
Bank of India Core Banking Solution (E-Kuber) system
on November 26, 2013 (Tuesday). The non-competitive bids should be
submitted between 10.30 a.m. and 11.30 a.m.
and the competitive bids should be submitted between 10.30 a.m. and 12.00
noon.
The result of the auction will be
announced on November 26, 2013 and payment by successful bidders will be
on November 27, 2013 (Wednesday).
The sale (re-issue) of “1.44% Inflation Indexed Government Stock-2023”
for a notified amount of Rs. 1,000 crore would be issued within the Budgeted Government Market
Borrowing Programme (about Rs. 5,79,000
crore) for 2013-14 and indicative calendar for the
marketable dated securities for the second half of 2013-14.
*****
DSM/ka
(Release ID :100803)
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