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<h1>Repurchase of Government Securities via reverse auction using price-based multiple-price method; electronic bids on E-Kuber required.</h1> Repurchase of Government securities will be conducted through a reverse auction to redeem specified Government Stocks prematurely using surplus cash balances; the exercise is ad hoc. The auction is price based using the multiple price method, with electronic bids to be submitted via the Reserve Bank of India Core Banking Solution (E Kuber) during the prescribed bidding window on the announced date and results declared the same day.
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