https://www.taxtmi.com/notifications?id=14823 The notification implements a yield based uniform price auction for five year Government stock with a reserved five percent allocation for Non competitive Bidding Facility. Eligible investors without current or SGL accounts may submit a single non competitive bid via a bank or PD subject to a per auction ceiling and minimum denomination. Allotment under the non competitive segment is at the weighted average yield/price from competitive bidding, securities are issued in SGL form to designated accounts, and banks/PDs must allocate securities, collect payments (including accrued interest), and report operations to the Reserve Bank. en-us Fri, 08 May 2009 00:00:00 +0530 Fri, 15 May 2009 15:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=14823 The notification implements a yield based uniform price auction for five year Government stock with a reserved five percent allocation for Non competitive Bidding Facility. Eligible investors without current or SGL accounts may submit a single non competitive bid via a bank or PD subject to a per auction ceiling and minimum denomination. Allotment under the non competitive segment is at the weighted average yield/price from competitive bidding, securities are issued in SGL form to designated accounts, and banks/PDs must allocate securities, collect payments (including accrued interest), and report operations to the Reserve Bank. Notifications Indian Laws Fri, 08 May 2009 00:00:00 +0530 https://www.taxtmi.com/notifications?id=14823