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    <title>Auction for Sale (Re-Issue ) of ‘8.60 per cent Government Stock, 2028’</title>
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    <description>Re-issue of 8.60 per cent Government Stock, 2028 will be sold by a price-based multiple price auction via RBI&#039;s E-Kuber system; payment by successful bidders is on the re-issue date and interest accrues from the original issue date, paid half-yearly. Up to 5% of the notified amount is reserved for non-competitive bids under a specified scheme: eligible investors submit single bids via banks or PDs, allotment to non-competitive bidders is at the weighted average auction yield/price, pro rata allocation applies if oversubscribed, and securities are issued in SGL/CSGL form.</description>
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