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Auction based OMO Purchase of Dated securities of Rs 6000 crore (with green-shoe option to purchase up to 50 % of notified amount) on March 5, 2009
| The Reserve Bank of India has decided to purchase the following dated securities for an aggregate amount of Rs.6000 crore (with green-shoe option to purchase up to 50 per cent of notified amount) through price-based auction using uniform price method on March 5, 2009 (Thursday). | |||||||||||||||||
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The auction shall be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on March 5, 2009 (Thursday). Offers in the prescribed form obtainable from the Regional Director, Reserve Bank of India, Mumbai Office, Fort, Mumbai-400001 and/or RBI website www.rbi.org.in should be submitted to that Office on March 5, 2009. The NDS members should submit their competitive offers in electronic format using Open Market Operation (OMO) module of NDS. All offers should be submitted by 12.30 P.M. The result of the auction will be announced on March 5, 2009 and payment to successful offerers will be made during banking hours on March 6, 2009 (Friday). Reserve Bank has the right to accept or reject any or all of the offers either wholly or partially if deemed fit without assigning any reason. |
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G.Raghuraj
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Deputy General Manager
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Press Release : 2008-2009/1431 |
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