https://www.taxtmi.com/news?id=3098 Re-issues of central government stocks will be sold by price-based auctions using the uniform price method conducted by the Reserve Bank of India; up to five percent of each issue is reserved for eligible individuals and institutions under the non-competitive bidding facility. Competitive and non-competitive bids must be submitted electronically via the Negotiated Dealing System within prescribed time windows, auction results will be announced on the auction date, payment by successful bidders is due on the stated settlement date, and the stocks will be eligible for when-issued trading under RBI guidelines. en-us Mon, 16 Apr 2012 18:47:11 +0530 Mon, 16 Apr 2012 18:47:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3098 Re-issues of central government stocks will be sold by price-based auctions using the uniform price method conducted by the Reserve Bank of India; up to five percent of each issue is reserved for eligible individuals and institutions under the non-competitive bidding facility. Competitive and non-competitive bids must be submitted electronically via the Negotiated Dealing System within prescribed time windows, auction results will be announced on the auction date, payment by successful bidders is due on the stated settlement date, and the stocks will be eligible for when-issued trading under RBI guidelines. News - Mon, 16 Apr 2012 18:47:11 +0530 https://www.taxtmi.com/news?id=3098