https://www.taxtmi.com/news?id=22297 Price-based re-issue auctions for specified Government Stocks will be conducted by the Reserve Bank of India using the multiple price method, with the Government retaining an option to accept additional subscriptions subject to an overall ceiling. Up to five per cent of each notified amount is reserved for eligible individuals and institutions under the non-competitive bidding scheme. Competitive and non-competitive bids must be submitted electronically via E-Kuber within prescribed time windows, and the re-issued stocks will be eligible for "When Issued" trading under RBI guidelines. en-us Tue, 17 Dec 2019 09:34:48 +0530 Tue, 17 Dec 2019 09:34:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22297 Price-based re-issue auctions for specified Government Stocks will be conducted by the Reserve Bank of India using the multiple price method, with the Government retaining an option to accept additional subscriptions subject to an overall ceiling. Up to five per cent of each notified amount is reserved for eligible individuals and institutions under the non-competitive bidding scheme. Competitive and non-competitive bids must be submitted electronically via E-Kuber within prescribed time windows, and the re-issued stocks will be eligible for "When Issued" trading under RBI guidelines. News - Tue, 17 Dec 2019 09:34:48 +0530 https://www.taxtmi.com/news?id=22297