The result of the RBI Reverse Repo auction held today is as under:

The Government of India have announced the sale (re-issue) of (i) “7.99 percent Government Stock 2017” for a notified amount of ` 4,000 crore (nominal), (ii) “8.13 percent Government Stock 2022” for a notified amount of ` 6,000 crore (nominal) (iii) “8.28 percent Government Stock 2027” for a notified amount of ` 2,000 crore (nominal) and (iv) “8.30 percent Government Stock 2040” for a notified amount of ` 3,000 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 October 28, 2011 (Friday).

The Reserve Bank of India has announced the auction of 182-day Government of India Treasury Bills for notified amount of ` 4,000 crore. The auction will be conducted on October 25, 2011 using "Multiple Price Auction" method. The allocation to the non-competitive bidders will be outside the notified amount at the discretion of the Bank. The sale will be subject to the terms and conditions specified in the General Notification No. F.2 (12)-W & M/97 dated 31st March, 1998 issued by Government of India and as amended from time to time.

The Reserve Bank of India has announced the auction of 91-day Government of India Treasury Bills for notified amount of ` 4,000 crore. The auction will be conducted on October 25, 2011 using "Multiple Price Auction" method. The allocation to the non-competitive bidders will be outside the notified amount at the discretion of the Bank. The sale will be subject to the terms and conditions specified in the General Notification No. F.2 (12)-W & M/97 dated 31st March, 1998 issued by Government of India and as amended from time to time.