{"id":8258,"date":"2019-12-17T05:24:52","date_gmt":"2019-12-16T23:54:52","guid":{"rendered":"http:\/\/udaen.info\/?p=8258"},"modified":"2019-12-17T05:24:52","modified_gmt":"2019-12-16T23:54:52","slug":"auction-for-sale-re-issue-of-6-17-gs-2021-auction-for-sale-re-issue-of-7-27-gs-2026-auction-for-sale-re-issue-of-6-45-gs-2029-auction-for","status":"publish","type":"post","link":"https:\/\/udaen.info\/?p=8258","title":{"rendered":"Auction for Sale (Re-Issue) of \u20186.17% GS 2021\u2019, Auction for Sale (Re-Issue) of \u20187.27% GS 2026\u2019, Auction for Sale (Re-Issue) of \u20186.45% GS 2029\u2019, Auction for Sale (Re-Issue) of \u20187.62% GS 2039\u2019"},"content":{"rendered":"
Auction for Sale (Re-Issue) of \u20186.17% GS 2021\u2019, Auction for Sale (Re-Issue) of \u20187.27% GS 2026\u2019, Auction for Sale (Re-Issue) of \u20186.45% GS 2029\u2019, Auction for Sale (Re-Issue) of \u20187.62% GS 2039\u2019, and Auction for Sale (Re-Issue) of \u20187.63% GS 2059\u2019.<\/p>\n<\/div>\n
\n

The Government of India has announced the Sale\u00a0(re-issue)<\/strong>\u00a0of (i) \u20186.17 per cent\u00a0 Government Stock, 2021\u2019\u00a0 for a notified amount of\u00a0Rs\u00a0<\/strong>2,000 crore<\/strong>\u00a0(nominal) through\u00a0price based auction<\/u>, (ii) \u20187.27 per cent\u00a0 Government Stock, 2026\u2019\u00a0 for a notified amount of\u00a0\u00a0Rs\u00a0<\/strong>2,000 crore<\/strong>\u00a0(nominal) through\u00a0price based auction<\/u>, (iii) \u20186.45 per cent\u00a0 Government Stock, 2029\u2019 \u00a0for a notified amount of\u00a0Rs\u00a0<\/strong>7,000 crore<\/strong>\u00a0(nominal) through\u00a0price based auction<\/u>, (iv)\u20187.62 per cent\u00a0 Government Stock, 2039\u2019\u00a0 for a notified amount of\u00a0\u00a0Rs\u00a0<\/strong>1,000 crore<\/strong>\u00a0(nominal) through\u00a0price based auction<\/u>, and (v) \u20187.63 per cent\u00a0 Government Stock, 2059\u2019\u00a0 for a notified amount of\u00a0Rs\u00a0<\/strong>4,000 crore<\/strong>\u00a0(nominal) through\u00a0price based auction<\/u>. Subject to the limit of\u00a0Rs\u00a0<\/strong>16,000 crore<\/strong>, being total notified amount, GoI will have the option to retain additional subscription up to\u00a0Rs 1,000 crore\u00a0<\/strong>each against anyone or more of the above securities. The auctions will be conducted\u00a0using\u00a0multiple price<\/u>\u00a0method<\/strong>. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on\u00a0December 20<\/strong>, 2019 (Friday)<\/strong>.<\/p>\n

Up to 5% 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.<\/p>\n

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\u00a0December 20<\/strong>, 2019<\/strong>. The non-competitive bids should be submitted between 11.30 am and 12.00 noon and the competitive bids should be submitted between 11.30 am and 12.30 pm.<\/p>\n

The result of the auctions will be announced on\u00a0December 20<\/strong>, 2019 (Friday)\u00a0<\/strong>and payment by successful bidders will be on\u00a0December 23<\/strong>, 2019 (Monday)<\/strong>.<\/p>\n

The Stocks will be eligible for \u201cWhen Issued\u201d trading in accordance with the guidelines on\u00a0\u2018When Issued transactions in Central Government Securities\u2019\u00a0<\/strong>issued by the Reserve Bank of India vide circular No. RBI\/2018-19\/25 dated July 24, 2018 as amended from time to time.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Auction for Sale (Re-Issue) of \u20186.17% GS 2021\u2019, Auction for Sale (Re-Issue) of \u20187.27% GS 2026\u2019, Auction for Sale (Re-Issue) of \u20186.45% GS 2029\u2019, Auction for Sale (Re-Issue) of \u20187.62% GS 2039\u2019, and Auction for Sale (Re-Issue) of \u20187.63% GS 2059\u2019. The Government of India has announced the Sale\u00a0(re-issue)\u00a0of (i) \u20186.17 per cent\u00a0 Government Stock, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[1],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/8258"}],"collection":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8258"}],"version-history":[{"count":1,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/8258\/revisions"}],"predecessor-version":[{"id":8259,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/8258\/revisions\/8259"}],"wp:attachment":[{"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}