https://www.taxtmi.com/news?id=23507 Re-issue auctions for four Central Government securities will be conducted by the central bank using the multiple price method, with the issuer having an option to retain additional subscriptions up to a stated cap for each security. Up to a prescribed percentage of each notified amount is reserved for eligible individuals and institutions under the Scheme for Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically via the central bank's Core Banking Solution (E-Kuber) within specified time windows on the auction date, with auction results and settlement dates announced in the auction timetable. The securities are eligible for when issued trading under existing central bank guidelines. en-us Tue, 05 Jan 2021 09:18:21 +0530 Tue, 05 Jan 2021 09:18:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23507 Re-issue auctions for four Central Government securities will be conducted by the central bank using the multiple price method, with the issuer having an option to retain additional subscriptions up to a stated cap for each security. Up to a prescribed percentage of each notified amount is reserved for eligible individuals and institutions under the Scheme for Non-Competitive Bidding Facility. Competitive and non-competitive bids must be submitted electronically via the central bank's Core Banking Solution (E-Kuber) within specified time windows on the auction date, with auction results and settlement dates announced in the auction timetable. The securities are eligible for when issued trading under existing central bank guidelines. News - Tue, 05 Jan 2021 09:18:21 +0530 https://www.taxtmi.com/news?id=23507