https://www.taxtmi.com/notifications?id=14702 Re issue auction of 8.24% Government Stock, 2027 will be conducted by RBI Mumbai by uniform price auction for the notified nominal amount; payment on the date of re issue includes accrued interest. Up to 5% of the notified amount is reserved for a non competitive bidding facility permitting eligible investors (generally those without RBI CA/SGL accounts, with exceptions) to submit a single bid via a bank or PD within prescribed minimum and maximum denominations. Allotment to non competitive bidders is at the weighted average yield/price from competitive bidding, with pro rata allocation if oversubscribed and SGL issuance to banks/PDs who must transfer securities to clients and report to RBI. en-us Thu, 09 Apr 2009 00:00:00 +0530 Thu, 16 Apr 2009 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=14702 Re issue auction of 8.24% Government Stock, 2027 will be conducted by RBI Mumbai by uniform price auction for the notified nominal amount; payment on the date of re issue includes accrued interest. Up to 5% of the notified amount is reserved for a non competitive bidding facility permitting eligible investors (generally those without RBI CA/SGL accounts, with exceptions) to submit a single bid via a bank or PD within prescribed minimum and maximum denominations. Allotment to non competitive bidders is at the weighted average yield/price from competitive bidding, with pro rata allocation if oversubscribed and SGL issuance to banks/PDs who must transfer securities to clients and report to RBI. Notifications Indian Laws Thu, 09 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/notifications?id=14702