Private placement-cum-tap sale of Government Securities - ربی - Reserve Bank of India

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Private placement-cum-tap sale of Government Securities

Two securities, viz., 11.00% 2006 and 11.30% 2010 which were placed with Reserve Bank of India for Rs.3000 crore each on private placement cum tap sale basis were put on the sale list today. The stock 11.00% 2006 was oversubscribed. Applicants upto Rs.25 crore were given full allotment and others were given proportional allotment to the extent of 74 per cent. Applicants for 11.30% 2010 received full allotment. This security continues to be on the sale list.

P. V. Sadanandan
Asstt. Manager

Press Release : 2000-2001/148

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