Government of India have announced the repurchase of "6.65 per cent Government Stock 2009" for a notified amount of Rs.5,000 crore (nominal) and "5.48 per cent Government Stock 2009" for a notified amount of Rs.5,000 crore (nominal) under Market Stabilization Scheme. The Government Stocks will be repurchased through price based auction using multiple price method. The auctions will be conducted by the Reserve Bank of India , Mumbai Office, Fort, Mumbai on November 6, 2008 (Thursday).
Offers in the prescribed form obtainable from the Regional Director, Reserve Bank of India , Mumbai Office (Public Debt Office), Fort, Mumbai-400001 and RBI www.rbi.org.in 
should be submitted to that Office on November 6, 2008. The NDS members should submit the competitive offers in electronic format using Open Market Operation (OMO) module of NDS. All offers should be submitted by 12.30 P.M.
The results of the auctions will be announced on November 6, 2008 (Thursday) and payment to successful offerers will be made during banking hours on November 10, 2008 (Monday).
Government of India
Ministry of Finance
Department of Economic Affairs
North Block, New Delhi - 110001
Dated November 3, 2008
