https://www.taxtmi.com/news?id=18311 Re-issue auctions for multiple Government stocks will be conducted by the Reserve Bank of India through a price-based multiple-price method via the E-Kuber system. Up to five percent of each notified amount is reservable under the Scheme for Non-Competitive Bidding for eligible individuals and institutions. Distinct electronic submission windows are prescribed for non-competitive and competitive bids on auction day; auction results are to be announced the same day and payments settled subsequently. The stocks are eligible for When Issued trading under existing RBI guidelines. en-us Mon, 03 Jul 2017 18:43:28 +0530 Mon, 03 Jul 2017 18:43:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18311 Re-issue auctions for multiple Government stocks will be conducted by the Reserve Bank of India through a price-based multiple-price method via the E-Kuber system. Up to five percent of each notified amount is reservable under the Scheme for Non-Competitive Bidding for eligible individuals and institutions. Distinct electronic submission windows are prescribed for non-competitive and competitive bids on auction day; auction results are to be announced the same day and payments settled subsequently. The stocks are eligible for When Issued trading under existing RBI guidelines. News - Mon, 03 Jul 2017 18:43:28 +0530 https://www.taxtmi.com/news?id=18311