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LATEST NEWS UPDATE

Democracy broke down in India, V-Dem Annual Democracy Report 2021

Democracy broke down in India, V-Dem Annual Democracy Report 2021

The UK agreed to send millions of pounds recovered from corrupt officials back to Nigeria

The UK agreed to send millions of pounds recovered from corrupt officials back to Nigeria

President Biden statement on the Introduction of the Violence Against Women Reauthorization Act of 2021

President Biden statement on the Introduction of the Violence Against Women Reauthorization Act of 2021

Indian Railway announced new helpline number-139 to assist passengers during travel

Indian Railway announced new helpline number-139 to assist passengers during travel

Auction for Sale (Re-Issue) of ‘5.09% GS 2022’, Auction for Sale (Re-Issue) of ‘5.79% GS 2030’, Auction for Sale (Re-issue) of ‘GoI Floating Rate Bond 2031’, and Auction for Sale (Re-Issue) of ‘7.19% GS 2060’

June 4, 2020 at 6:44:29 AM

PIB Delhi

he Government of India has announced the Sale (Re-issue) of (i) ‘5.09 per cent Government Stock, 2022’ for a notified amount of Rs 3,000 crore (nominal) through price based auction, (ii) ‘5.79 per cent Government Stock, 2030’ for a notified amount of Rs 18,000 crore (nominal) through price based auction, (iii) ‘GoI Floating Rate Bonds, 2031’ for a notified amount of Rs 4,000 crore (nominal) through price based auction, and (iv) ‘7.19 per cent Government Stock, 2060’ for a notified amount of Rs 5,000 crore (nominal) through price based auction.

GoI will have the option to retain additional subscription up to Rs 2,000 crore each against any one or more of the above securities. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on June 05, 2020 (Friday) using multiple price method.


Up to 5% of the notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.


Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on June 05, 2020. The non-competitive bids should be submitted between 10.30 a.m. and 11.00 a.m. and the competitive bids should be submitted between 10.30 a.m. and 11.30 a.m.


The result of the auctions will be announced on June 05, 2020 (Friday) and payment by successful bidders will be on June 08, 2020 (Monday).


The Stocks will be eligible for “When Issued” trading in accordance with the guidelines on ‘When Issued transactions in Central Government Securities’ issued by the Reserve Bank of India vide circular No. RBI/2018-19/25 dated July 24, 2018 as amended from time to time.



Greetings on the opening of the 4th Chersonese International Opera and Ballet Festival

August 12, 2020 at 11:24:41 AM

RUSSIA

Foreign Direct Investment in Commercial Coal Mining in India

August 12, 2020 at 10:36:33 AM

PIB

Draft Defence Production and Export Promotion Policy 2020

August 12, 2020 at 10:28:37 AM

PIB

DCGI approves Phase II+III trials of Oxford University vaccine by Serum Institute, Pune

August 12, 2020 at 9:59:44 AM

PIB

BHARAT AIR FIBER, a last-mile telecom connectivity solution based on Radio Network

August 12, 2020 at 9:35:33 AM

PIB

Minister Nitin Gadkari approves a New Scheme to Make India Aatmanirbhar in Agarbatti Production

August 12, 2020 at 9:09:58 AM

PIB

Four more States/UTs linked with One Nation One Ration Card scheme today

August 12, 2020 at 8:07:52 AM

PIB

Government working with RBI on Industry’s need for loan restructuring

August 9, 2020 at 2:15:34 PM

PIB

Union Education Minister calls on the Vice President and hands over the New Education Policy

August 8, 2020 at 2:16:51 PM

PIB

New Supreme Court building inaugurated by PM Modi and PM of Mauritius Mr Pravind Jugnauth

August 8, 2020 at 2:11:48 PM

PIB

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