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    <title>Auction for Sale of Government Stocks</title>
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    <description>Sale of specified Central Government securities is announced through a price-based auction using the multiple price method with notified nominal amounts; up to five percent of each issue is reserved for eligible bidders under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically on the Reserve Bank&#039;s Core Banking Solution (E-Kuber) within prescribed time windows on the auction date; results, payment and allotment follow the announced timetable. The stocks are eligible for When Issued trading under existing RBI guidelines.</description>
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