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RATE OF EXCHANGE FOR IMPORTED AND EXPORT GOODS NOTIFIED
November, 12th 2013
                                        PRESS COMMUNIQUE

Government of India have announced the Sale (re-issue) of (i)" 8.12 percent Government Stock 2020"
for a notified amount of ` 4,000 crore (nominal) through price based auction, (ii) "8.28 percent
Government Stock 2027" for a notified amount of ` 7,000 crore (nominal) through price based auction,
(iii)" 9.20 percent Government Stock 2030" for a notified amount of ` 2,000 crore (nominal) through
price based auction and (iv) "8.83 percent Government Stock 2041" for a notified amount of
` 2,000 crore (nominal) through price based auction. The auctions will be conducted using uniform
price method. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort,
Mumbai on November 15, 2013 (Friday).


2. 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.





3. 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 15, 2013. 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.


4.     The result of the auctions will be announced on November 15, 2013 and payment by successful
bidders will be on November 18, 2013 (Monday).





5.      The Stocks will be eligible for "When Issued" trading in accordance with the guidelines on
`When Issued transactions in Central Government Securities' issued by the Reserve Bank of India
vide circular No. RBI/2006-07/178 dated November 16, 2006 as amended from time to time.


GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF ECONOMIC AFFAIRS
NORTH BLOCK, NEW DELHI-110001
Dated, the November 11, 2013

 
 
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