https://www.taxtmi.com/news?id=22418 Re-issue auctions for specified Government Stocks will be conducted by the Reserve Bank of India using the multiple price method, with notified nominal amounts and an overall notified limit and an option for the Government to retain additional subscriptions within prescribed limits. Up to 5% 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 RBI Core Banking Solution (E-Kuber) within designated time windows; the stocks will be eligible for "When Issued" trading under RBI guidelines. en-us Mon, 27 Jan 2020 18:49:47 +0530 Mon, 27 Jan 2020 18:49:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22418 Re-issue auctions for specified Government Stocks will be conducted by the Reserve Bank of India using the multiple price method, with notified nominal amounts and an overall notified limit and an option for the Government to retain additional subscriptions within prescribed limits. Up to 5% 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 RBI Core Banking Solution (E-Kuber) within designated time windows; the stocks will be eligible for "When Issued" trading under RBI guidelines. News - Mon, 27 Jan 2020 18:49:47 +0530 https://www.taxtmi.com/news?id=22418