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Auction of dated Government securities cancelled
Mumbai, Oct 10 (UNI) Considering the current liquidity conditions and other relevant factors, Government of India has cancelled today's auction of the ''new six-year Government Stock'' for a notified amount of Rs 6,000 crore (nominal) through a yield-based auction using multiple price method.
The sale (re-issue) of 7.95 per cent Government Stock 2,032 for a notified amount of Rs 4,000 crore (nominal) through a price-based auction using multiple price method has also been stalled by the Government, RBI said in a release here.
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Story first published: Friday, October 10, 2008, 13:05 [IST]
