https://www.taxtmi.com/notifications?id=14426 Notification offers 30 year Government stock via a yield based, multiple price auction conducted through the Reserve Bank of India; coupon set at the auction cut off yield with semi annual interest and repayment at par on maturity. An annexed Scheme permits non competitive bids within a reserved portion of the notified amount, prescribes eligibility and single bid limits, submission via banks or primary dealers (with limited direct submission exceptions), allotment at the weighted average yield from competitive bidding and pro rata allocation if oversubscribed, issuance in SGL form, and operational responsibilities and record keeping obligations for banks and PDs. en-us Tue, 13 Jan 2009 00:00:00 +0530 Thu, 22 Jan 2009 13:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=14426 Notification offers 30 year Government stock via a yield based, multiple price auction conducted through the Reserve Bank of India; coupon set at the auction cut off yield with semi annual interest and repayment at par on maturity. An annexed Scheme permits non competitive bids within a reserved portion of the notified amount, prescribes eligibility and single bid limits, submission via banks or primary dealers (with limited direct submission exceptions), allotment at the weighted average yield from competitive bidding and pro rata allocation if oversubscribed, issuance in SGL form, and operational responsibilities and record keeping obligations for banks and PDs. Notifications Indian Laws Tue, 13 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/notifications?id=14426