https://www.taxtmi.com/news?id=13520 Re-issue auction of 8.30 per cent Government Stock, 2040 will be conducted via a price based multiple price auction on the RBI E Kuber system; interest at 8.30% accrues from the last coupon date and is paid half yearly, with repayment at par on maturity. A non competitive bidding facility reserved up to five percent of the notified amount allows eligible retail participation through banks/PDs under specified eligibility, single bid limits, consolidated electronic submission, pro rata allotment if oversubscribed, and issuance in SGL form with intermediary allocation responsibilities and limited allowable service charges. en-us Sat, 01 Nov 2014 10:24:38 +0530 Sat, 01 Nov 2014 10:24:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13520 Re-issue auction of 8.30 per cent Government Stock, 2040 will be conducted via a price based multiple price auction on the RBI E Kuber system; interest at 8.30% accrues from the last coupon date and is paid half yearly, with repayment at par on maturity. A non competitive bidding facility reserved up to five percent of the notified amount allows eligible retail participation through banks/PDs under specified eligibility, single bid limits, consolidated electronic submission, pro rata allotment if oversubscribed, and issuance in SGL form with intermediary allocation responsibilities and limited allowable service charges. News - Sat, 01 Nov 2014 10:24:38 +0530 https://www.taxtmi.com/news?id=13520