https://www.taxtmi.com/news?id=16226 Sale (re-issue) of specified Government Stocks is being conducted through a price-based auction using the multiple-price method, with the Reserve Bank operating the auction on a notified date. Auctions permit both competitive and non-competitive electronic bids via the Reserve Bank's Core Banking Solution (E-Kuber) within designated time windows. Up to five percent of each issue is reserved under the Non-Competitive Bidding Facility, and the stocks are eligible for When Issued trading under Reserve Bank guidelines. Announcement of results and a scheduled payment date by successful bidders are prescribed. en-us Tue, 31 May 2016 10:36:37 +0530 Tue, 31 May 2016 10:36:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16226 Sale (re-issue) of specified Government Stocks is being conducted through a price-based auction using the multiple-price method, with the Reserve Bank operating the auction on a notified date. Auctions permit both competitive and non-competitive electronic bids via the Reserve Bank's Core Banking Solution (E-Kuber) within designated time windows. Up to five percent of each issue is reserved under the Non-Competitive Bidding Facility, and the stocks are eligible for When Issued trading under Reserve Bank guidelines. Announcement of results and a scheduled payment date by successful bidders are prescribed. News - Tue, 31 May 2016 10:36:37 +0530 https://www.taxtmi.com/news?id=16226