28th August, 2003
Ministry of Finance


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.

  1. These Government Stocks will be eligible for ready forward facility.

 

 
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