https://www.taxtmi.com/news?id=16111 Government stocks are offered by the Reserve Bank of India through electronic auctions administered from its Mumbai office using the multiple price method, combining price based and yield based bidding. Both competitive and a Non Competitive Bidding Facility (reservation up to five percent of each notified amount for eligible individuals and institutions) are available; bids must be submitted in designated electronic windows on auction day, results are declared the same day, settlement follows on the prescribed payment date, and the stocks are eligible for When Issued trading under RBI guidelines. en-us Tue, 03 May 2016 10:03:04 +0530 Tue, 03 May 2016 10:03:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16111 Government stocks are offered by the Reserve Bank of India through electronic auctions administered from its Mumbai office using the multiple price method, combining price based and yield based bidding. Both competitive and a Non Competitive Bidding Facility (reservation up to five percent of each notified amount for eligible individuals and institutions) are available; bids must be submitted in designated electronic windows on auction day, results are declared the same day, settlement follows on the prescribed payment date, and the stocks are eligible for When Issued trading under RBI guidelines. News - Tue, 03 May 2016 10:03:04 +0530 https://www.taxtmi.com/news?id=16111