Government Security

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Government Security

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The investment in State Government Stocks will be reckoned as an eligible investment in Government Securities by banks for the purpose of Statutory Liquidity Ratio (SLR) under Section 24 of the Banking Regulation Act, 1949.
Other investors, convinced he had exclusive news of a British defeat at the hands of Napoleon, sold likewise, driving government stocks down further.
The Minister said about 63,000 tons of urea allocated for flood victims is in the government stock. He assured that the house price of the urea will be stabilize after the supply of gas to the factories.
Yesterday bids for the Debt Management Office's latest offering of 50-year inflation-linked Government stock reduced the real yield to under one per cent.
Seven major investors including fund managers,insurance companies and retail brokers took up the permanent interest bearing shares which return a rate of 7%, 2% over the relevant benchmark government stock.
Mumbai: Government Stock - Auction Results: Cut-off
But government stock and short sterling interest-rate futures barely moved.
Mumbai: The Government of India has announced the sale (re-issue) of the Government Stock through auctions to be held.
Responding to a point of order raised by Senator Tahir Mashhadi, the Minister ruled out that sugar crisis was still affecting the poor and informed the House that more than 1.9 million tonne sugar is in the government stock. The ministry shall import 300,000 tonne more sugar during first quarter of June and then 200,000 tonne more later, he said and assured, the government steps will relieve the people.
The repurchase by the Government of India will be undertaken to prematurely redeem the Government Stock by utilizing surplus cash balances.

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