PRESS COMMUNIQUE
Issue of 4.83%
Government Stock, 2006, 4.88 percent Government Stock, 2008 and
5.87 per cent Government Stock, 2022 to Reserve Bank of India
in lieu of Treasury Bills (Conversion) Special Securities.
Government of India has announced
the issue of 4.83 per cent Government Stock, 2006 for an amount
of Rs.3,500 crore, 4.88 per cent Government Stock, 2008 for an
amount of Rs. 4,500 crore and 5.87 per cent Government Stock,
2022 for an amount of Rs.11,000 crore in conversion of Treasury
Bills (Conversion) Special Securities held by the Reserve Bank
of India.
- These Government Stocks will be
eligible for ready forward facility.