IST,
GOI Notification - 8.35 per cent - 2022
GOVERNMENT OF INDIA New Delhi, the November 16, 2007 NOTIFICATION Auction for Sale (Re-issue ) of ‘8.35 per cent Government Stock, 2022’ F. No.4 (5)-W&M/2007(i): Government of India hereby notifies sale (re-issue) of ‘8.35 per cent Government Stock, 2022’(hereinafter called 'the Stock') for an aggregate amount of Rs. 4,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this notification (called ‘Specific Notification’) and as also the terms and conditions specified in the General Notification F. No.4 (9)-W&M/2000, dated 6th May 2002 issued by Government of India as amended from time to time. Method of Issue 2 The Government Stock will be sold through Reserve Bank of India, Mumbai Office, Fort, Mumbai- 400001 in the manner as prescribed in paragraph 5.1 of the General Notification F. No.4 (9)-W&M/2000, dated 6th May 2002 by a price based auction using multiple price auction method. Allotment to Non-competitive Bidders 3. The Government Stock up to 5 % of the notified amount of the sale will be allotted to eligible individuals and institutions as per the enclosed Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities (Annexure). Place and date of auction 4. The auction will be conducted by Reserve Bank of India, Mumbai Office, Fort, Mumbai-400001 on November 23, 2007. The application form duly filled in with the bids should be submitted to the aforesaid office on November 23, 2007 by 12.30 P.M. When Issued Trading 5. The Stock will be eligible for "When Issued" trading in accordance with the guidelines issued by the Reserve Bank of India in its circular No. RBI /2006-07/178 dated November 16, 2006. Tenure 6. The Stock will be of twenty-year tenure commencing from May 14, 2002. The Stock will be repaid at par on May 14, 2022. Date of issue and payment for the stock 7. The result of the auction shall be displayed by the Reserve Bank of India at its Fort, Mumbai office on November 23, 2007. The payment by successful bidders will be on November 26, 2007, i.e., the date of re-issue. The payment for the Stock will include accrued interest on the nominal value of the Stock allotted in the auction from the last coupon payment date of the Stock, i.e., November 14, 2007 to November 25, 2007. Interest 8. Interest at the rate of 8.35 per cent per annum will accrue on the nominal value of the Stock from the last coupon payment date of the Stock and will be paid half yearly on May 14 and November 14.
(L. M. Vas) |
આ પેજ શેર કરો:
રિઝર્વ બેંક ઑફ ઇન્ડિયા મોબાઇલ એપ્લિકેશન ઇન્સ્ટૉલ કરો અને લેટેસ્ટ ન્યૂઝનો ઝડપી ઍક્સેસ મેળવો!
પેજની છેલ્લી અપડેટની તારીખ:
