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Date : Aug 07, 2009
Auction of dated securities scheduled for August 7, 2009- Rejection of bids

The Government of India had announced the sale (re-issue) of (i) “6.49 percent Government Stock 2015” for a notified amount of Rs.4,000 crore (nominal) (ii) “6.90 percent Government Stock 2019” for a notified amount of Rs.6,000 crore (nominal) and (iii) “7.40 percent Government Stock 2035” for a notified amount of Rs. 2,000 crore (nominal) through price based auctions on August 7, 2009 (Friday).  The Government of India in consultation with the Reserve Bank of India have rejected all the bids submitted in the above auctions.

G. Raghuraj
Deputy General Manager

Press Release : 2009-2010/213


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