https://www.taxtmi.com/news?id=16784 Repurchase of central Government securities will be effected through a reverse auction to allow premature redemption of specified government stocks using surplus cash balances. The mechanism is a price-based auction conducted by the multiple price method, with bids submitted electronically through the Reserve Bank of India's E-Kuber system during the prescribed bidding window and results announced the same day. The programme is described as ad hoc and applies to the listed securities with stated maturities. en-us Sat, 05 Nov 2016 10:19:02 +0530 Sat, 05 Nov 2016 10:19:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16784 Repurchase of central Government securities will be effected through a reverse auction to allow premature redemption of specified government stocks using surplus cash balances. The mechanism is a price-based auction conducted by the multiple price method, with bids submitted electronically through the Reserve Bank of India's E-Kuber system during the prescribed bidding window and results announced the same day. The programme is described as ad hoc and applies to the listed securities with stated maturities. News - Sat, 05 Nov 2016 10:19:02 +0530 https://www.taxtmi.com/news?id=16784