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    <title>Auction for Sale (Re-issue) of &#039;8.20 per cent Government Stock, 2022&#039;</title>
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    <description>Re-issue of &#039;8.20 per cent Government Stock, 2022&#039; will be auctioned by the Reserve Bank of India using a uniform price auction with up to five percent of the notified amount reserved for a non-competitive bidding facility. The stock has a fifteen-year tenure with semiannual interest; payment includes accrued interest to date of re-issue. Non-competitive participation is limited by account status, single-bid per investor limits, submission via banks/PDs (with exceptions), allotment at weighted average auction price, pro rata treatment if oversubscribed, and specified SGL/CSGL settlement and reporting procedures.</description>
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