Government of India announce the sale of three dated securities for ` 13,000 crore on December 2, 2011
The Government of India have announced the sale (re-issue) of (i) “7.83 percent Government Stock 2018” for a notified amount of ` 4,000 crore (nominal) through price based auction, (ii) “8.79 percent Government Stock 2021” for a notified amount of ` 6,000 crore (nominal) through price based auction and (iii) “New 19 year Government Stock 2030” for a notified amount of ` 3,000 crore (nominal) through yield 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 December 02, 2011 (Friday).
The result of the RBI Reverse Repo auction held today is as under:
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period November 8, 2011 to November 11, 2011.