https://www.taxtmi.com/news?id=23438 Re-issue auctions of four central government securities will be conducted by the Reserve Bank of India using the multiple price method, with the Government retaining an option to accept additional subscriptions against each security. Up to five percent of each notified amount is reserved for eligible individuals and institutions under the Scheme for Non-Competitive Bidding. Competitive and non-competitive bids must be submitted electronically on the RBI Core Banking Solution (E Kuber) within prescribed bidding windows. Auction results will be announced on the auction date and settlement will follow on the stated payment date; the securities are eligible for when-issued trading under RBI guidelines. en-us Mon, 14 Dec 2020 18:21:05 +0530 Mon, 14 Dec 2020 18:21:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23438 Re-issue auctions of four central government securities will be conducted by the Reserve Bank of India using the multiple price method, with the Government retaining an option to accept additional subscriptions against each security. Up to five percent of each notified amount is reserved for eligible individuals and institutions under the Scheme for Non-Competitive Bidding. Competitive and non-competitive bids must be submitted electronically on the RBI Core Banking Solution (E Kuber) within prescribed bidding windows. Auction results will be announced on the auction date and settlement will follow on the stated payment date; the securities are eligible for when-issued trading under RBI guidelines. News - Mon, 14 Dec 2020 18:21:05 +0530 https://www.taxtmi.com/news?id=23438