Government of India
New Delhi, dated August 22, 2016
Auction for Sale (Re-issue) of 7.59 per cent Government Stock 2026
F. No.4 (3) W&M/2016(i): Government of India hereby notifies sale (re-issue) of 7.59 per cent Government Stock 2026 for an aggregate amount of ? 8,000 crore(nominal). The sale will be subject to the terms and conditions spelt out in this notification (called ‘Specific Notification’) as also the terms and conditions specified in the General Notification F. No. 4 (13)–W&M/2008, dated October 8, 2008 issued by Government of India.
Method of Issue
Allotment to Non-competitive Bidders
Place and date of auction
When Issued Trading
7. The result of the auction shall be displayed by the Reserve Bank of India at its Fort, Mumbai Office on August 26, 2016. The payment by successful bidders will be on August 29, 2016 i.e. the date of re-issue. The payment for the Stock will include accrued interest on the nominal value of the Stock allotted in the auction from the date of last coupon payment i.e July 11, 2016 to August 28, 2016.
By Order of the President of India
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