https://www.taxtmi.com/news?id=16537 Re-issue auctions of Government stocks will be conducted by the Reserve Bank of India using a price-based, multiple-price method with competitive and non-competitive electronic bids submitted on the E-Kuber system. Non-competitive bids are eligible for allocation up to a specified small percentage under the Non-Competitive Bidding Facility, with separate submission windows for non-competitive and competitive bids. Auction results will be announced on the auction day, payment by successful bidders follows on the prescribed settlement date, and the stocks are eligible for When Issued trading under RBI guidelines. en-us Tue, 23 Aug 2016 11:59:10 +0530 Tue, 23 Aug 2016 11:59:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16537 Re-issue auctions of Government stocks will be conducted by the Reserve Bank of India using a price-based, multiple-price method with competitive and non-competitive electronic bids submitted on the E-Kuber system. Non-competitive bids are eligible for allocation up to a specified small percentage under the Non-Competitive Bidding Facility, with separate submission windows for non-competitive and competitive bids. Auction results will be announced on the auction day, payment by successful bidders follows on the prescribed settlement date, and the stocks are eligible for When Issued trading under RBI guidelines. News - Tue, 23 Aug 2016 11:59:10 +0530 https://www.taxtmi.com/news?id=16537