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    <title>Auction for Sale (re-issue) of (i) ‘6.99% GS 2026’, (ii) ‘7.17% GS 2030’, (iii) ‘7.41% GS 2036’ and (iv) ‘7.25% GS 2063’</title>
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    <description>Re-issues of four central government dated securities will be sold by scheduled auctions: three via the uniform price method and one via the multiple price method, with an option for additional subscription against each security. Up to five percent of each notified amount is reserved for eligible participants under the non-competitive bidding facility. Competitive and non-competitive electronic bids must be submitted on the core banking auction platform within prescribed time windows on the auction date. Auction results will be announced on the auction date and payment by successful bidders will follow on the scheduled settlement date. Securities qualify for when-issued trading under existing guidelines.</description>
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    <pubDate>Tue, 04 Jul 2023 10:23:14 +0530</pubDate>
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      <link>https://www.taxtmi.com/news?id=26647</link>
      <description>Re-issues of four central government dated securities will be sold by scheduled auctions: three via the uniform price method and one via the multiple price method, with an option for additional subscription against each security. Up to five percent of each notified amount is reserved for eligible participants under the non-competitive bidding facility. Competitive and non-competitive electronic bids must be submitted on the core banking auction platform within prescribed time windows on the auction date. Auction results will be announced on the auction date and payment by successful bidders will follow on the scheduled settlement date. Securities qualify for when-issued trading under existing guidelines.</description>
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