https://www.taxtmi.com/news?id=22345 The Government announced re-issues of several Government Stocks to be sold by price-based, multiple-price auction conducted by the Reserve Bank of India, with specified notified nominal amounts and a retained subscription option subject to the total notified limit. Up to a reserved percentage of each notified amount is allotted under the Non-Competitive Bidding Facility to eligible individuals and institutions. Both competitive and non-competitive bids must be submitted electronically on the RBI's E-Kuber system within prescribed time windows; results will be announced on the auction date and successful bidders must remit payment on the prescribed settlement date. The Stocks qualify for When Issued trading per RBI guidelines. en-us Tue, 31 Dec 2019 09:45:07 +0530 Tue, 31 Dec 2019 09:45:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22345 The Government announced re-issues of several Government Stocks to be sold by price-based, multiple-price auction conducted by the Reserve Bank of India, with specified notified nominal amounts and a retained subscription option subject to the total notified limit. Up to a reserved percentage of each notified amount is allotted under the Non-Competitive Bidding Facility to eligible individuals and institutions. Both competitive and non-competitive bids must be submitted electronically on the RBI's E-Kuber system within prescribed time windows; results will be announced on the auction date and successful bidders must remit payment on the prescribed settlement date. The Stocks qualify for When Issued trading per RBI guidelines. News - Tue, 31 Dec 2019 09:45:07 +0530 https://www.taxtmi.com/news?id=22345