Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: due date for vat payment :: cpt :: form 3cd :: TDS :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: VAT RATES :: empanelment :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company
 
 
Latest Circulars »
 RBI-Information from Unauthenticated Sources – Advisory to banks
 RBI-Aadhaar-based Authentication for Card Present Transactions
 RBI-External Commercial Borrowings (ECB)
 Issuance of 28 days Cash Management Bills under Market Stabilisation Scheme (MSS)
 Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 30, 2016)
 All You wanted to know from RBI about: Withdrawal of Legal Tender Status of ₹ 500 and ₹ 1000 Notes
 Deposit of Specified Bank Notes (SBNs) – Chest Balance Limit / Cash Holding Limit
 Withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000: Activity at Banks during November 10-27, 2016
 Reserve Bank of India Act, 1934 – Section 42(1A) Requirement for maintaining additional CRR
 Chest Guarantee Scheme for Specified Bank Notes (SBNs) - CGSS
 Quarterly Projection Model for India: Key Elements and Properties

Auction for sale of Government Stocks
April, 10th 2012
                                  Embargoed : 6.45 p.m.
                                                                                         "15"
                                                                                    pib.nic.in
                              PRESS INFORMATION BUREAU
                                GOVERNMENT OF INDIA
                                         *****

                   AUCTION FOR SALE OF GOVERNMENT STOCKS

                                        PRESS NOTE


       Government of India have announced the sale (re-issue) of (i) "8.24 percent
Government Stock 2018" for a notified amount of Rs.4,000 crore (nominal), (ii) "8.79 percent
Government Stock 2021" for a notified amount of Rs.7,000 crore (nominal), (ii) "8.28 percent
Government Stock 2027" for a notified amount of Rs.2,000 crore (nominal), and (iii) "8.33
percent Government Stock 2036" for a notified amount of Rs.2,000 crore (nominal) through
price based auctions. 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 April
13, 2012 (Friday).

       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.

       Both competitive and non-competitive bids for the auction should be submitted in
electronic format on the Negotiated Dealing System (NDS) on April 13, 2012. 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 p.m.

      The result of the auctions will be announced on April 13, 2012 and payment by
successful bidders will be on April 16, 2012 (Monday).

       The Stocks will be eligible for "When Issued" trading in accordance wi th 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.



Department of Economic Affairs, Ministry of Finance
New Delhi: Chaitra 20, 1934; April 09, 2012


DSM/SS/GN



 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Web Application Development Web based Software Solution Web Application Deployment Web Application Solutions Web Application Software Development Web Application Deployment Web Application Programming Web Application Design and Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions