May 11, 2021
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Government securities auction: sale terms, non competitive allocation and when issued trading eligibility announced for upcoming issues.
The Government announced auctions of three Government Securities to be conducted by the Reserve Bank of India using the multiple price method via the E Kuber electronic system, with specified notified amounts, an option to retain additional subscriptions, allocation up to five percent to eligible non competitive bidders, defined bid submission windows for competitive and non competitive bids, announced result and payment schedules, and eligibility of the securities for when issued trading under RBI guidelines.