The Government of India has announced auction of 11.83 per cent Government Stock, 2014 for an aggregate amount of Rs.5,000 crore.

The auction will be price based and will be conducted by the Reserve Bank of India (RBI) at Mumbai on Saturday, January 8, 2000. Bids, in the prescribed form obtainable from Regional Director, RBI, Public Debt Office, Fort, Mumbai should be submitted on Saturday January 8, 2000 during banking hours. On the basis of bids received, RBI will determine the minimum price at which offers will be accepted. The results of the auction will be announced on January 8, 2000 and payment by successful bidders will be during banking hours on January 10, 2000. The stock will qualify for the ready forward facility.