https://www.taxtmi.com/news?id=20757 The Government announced a price-based re-issue auction of specified Government stocks and a floating rate bond using the multiple price method, with a total notified limit and an option to retain additional subscriptions against one or more securities. Up to five percent of each issue is reserved under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically on the Reserve Bank's Core Banking Solution within prescribed intra-day windows. Auction results and payment/settlement dates are set by the issuer, and the re-issued stocks are eligible for When Issued trading under existing RBI guidelines. en-us Tue, 27 Nov 2018 09:20:45 +0530 Tue, 27 Nov 2018 09:20:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20757 The Government announced a price-based re-issue auction of specified Government stocks and a floating rate bond using the multiple price method, with a total notified limit and an option to retain additional subscriptions against one or more securities. Up to five percent of each issue is reserved under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically on the Reserve Bank's Core Banking Solution within prescribed intra-day windows. Auction results and payment/settlement dates are set by the issuer, and the re-issued stocks are eligible for When Issued trading under existing RBI guidelines. News - Tue, 27 Nov 2018 09:20:45 +0530 https://www.taxtmi.com/news?id=20757