https://www.taxtmi.com/news?id=16206 Announcement of re-issue auctions of specified Central Government stocks using the multiple price method, conducted by the Reserve Bank of India through its Mumbai office. Both competitive and non-competitive bids must be submitted electronically via the RBI Core Banking Solution (E-Kuber), with non-competitive bids confined to a designated one-hour window and competitive bids to a longer specified window on the auction date. Up to five percent of each notified issue is reserved for eligible participants under the non-competitive bidding scheme, and successful bidders must remit payment on the stipulated settlement date. The stocks are eligible for when-issued trading under RBI guidelines. en-us Mon, 23 May 2016 18:19:08 +0530 Mon, 23 May 2016 18:19:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16206 Announcement of re-issue auctions of specified Central Government stocks using the multiple price method, conducted by the Reserve Bank of India through its Mumbai office. Both competitive and non-competitive bids must be submitted electronically via the RBI Core Banking Solution (E-Kuber), with non-competitive bids confined to a designated one-hour window and competitive bids to a longer specified window on the auction date. Up to five percent of each notified issue is reserved for eligible participants under the non-competitive bidding scheme, and successful bidders must remit payment on the stipulated settlement date. The stocks are eligible for when-issued trading under RBI guidelines. News - Mon, 23 May 2016 18:19:08 +0530 https://www.taxtmi.com/news?id=16206