https://www.taxtmi.com/news?id=22812 Sale (re-issue) auctions announced for three Government securities with notified nominal amounts and an issuer option to retain additional subscription up to a prescribed cap. Auctions will be conducted by the Reserve Bank of India using the multiple price method and price-based bidding. Up to five percent of each notified amount is reserved for eligible participants under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically via the Reserve Bank's E-Kuber system within prescribed time windows on the auction date; results and payment are scheduled as announced. The re-issued stocks are eligible for When Issued trading under the Reserve Bank's guidelines. en-us Tue, 12 May 2020 10:09:38 +0530 Tue, 12 May 2020 10:09:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22812 Sale (re-issue) auctions announced for three Government securities with notified nominal amounts and an issuer option to retain additional subscription up to a prescribed cap. Auctions will be conducted by the Reserve Bank of India using the multiple price method and price-based bidding. Up to five percent of each notified amount is reserved for eligible participants under the Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically via the Reserve Bank's E-Kuber system within prescribed time windows on the auction date; results and payment are scheduled as announced. The re-issued stocks are eligible for When Issued trading under the Reserve Bank's guidelines. News - Tue, 12 May 2020 10:09:38 +0530 https://www.taxtmi.com/news?id=22812