https://www.taxtmi.com/news?id=22254 Sale by re-issue of multiple Central Government stocks is announced through price-based auctions using the multiple-price method, with the issuer permitted limited additional retention of subscriptions. Up to five percent of each notified amount is reserved for eligible investors under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically within prescribed windows; auction results, allotment and payment follow a specified timetable. The stocks are eligible for When Issued trading under existing guidelines. en-us Tue, 10 Dec 2019 13:11:23 +0530 Tue, 10 Dec 2019 13:11:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22254 Sale by re-issue of multiple Central Government stocks is announced through price-based auctions using the multiple-price method, with the issuer permitted limited additional retention of subscriptions. Up to five percent of each notified amount is reserved for eligible investors under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically within prescribed windows; auction results, allotment and payment follow a specified timetable. The stocks are eligible for When Issued trading under existing guidelines. News - Tue, 10 Dec 2019 13:11:23 +0530 https://www.taxtmi.com/news?id=22254