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    <title>Auction for Sale (Re-Issue) of Government Stocks</title>
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    <description>Sale and re issue of specified Government stocks will proceed by auction using the multiple price method with an overall notified limit and an issuer option to retain additional subscriptions within that limit. A set proportion of each notified amount is reserved for eligible individuals and institutions under the Non Competitive Bidding Facility. Competitive and non competitive bids must be submitted electronically via the central banking E Kuber system within prescribed time windows; auction results and payment dates are scheduled, and the securities are eligible for &quot;When Issued&quot; trading under prevailing guidelines.</description>
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