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Govt. stock auctions
By Our Special Correspondent
MUMBAI, DEC. 21. The Central Government has announced the sale
(re-issue) by auction of 11.43 per cent Government Stock 2015 for
an aggregate amount of Rs. 3,000 crores (nominal). The auction
will be `price based' and will be conducted by the Reserve Bank
of India on December 26.
The RBI stated that the Centre has also announced the sale by
auction of a new 20-year Government Stock for Rs. 1,000 crores
(nominal). This auction will be yield based and will be conducted
by the RBI on December 26.
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