<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Auction for Sale (re-issue) of (i) ‘7.06% GS 2028’, (ii) ‘7.18% GS 2033’, and (iii) ‘7.30% GS 2053’</title>
    <link>https://www.taxtmi.com/news?id=26867</link>
    <description>Re-issuance of three Government securities is scheduled by auction with specified nominal amounts and an option for the Government to retain additional subscription up to Rs 2,000 crore per security. The 2028 and 2033 re-issues will be sold by price based auction using the uniform price method and the 2053 re-issue by multiple price method. Up to five percent of each notified amount is reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility. Bids must be submitted electronically on RBI E-Kuber within prescribed windows; results, allotment and payment follow the announced timetable, and securities are eligible for When Issued trading under RBI guidelines.</description>
    <language>en-us</language>
    <pubDate>Fri, 29 Sep 2023 18:25:10 +0530</pubDate>
    <lastBuildDate>Fri, 29 Sep 2023 18:25:10 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=727656" rel="self" type="application/rss+xml"/>
    <item>
      <title>Auction for Sale (re-issue) of (i) ‘7.06% GS 2028’, (ii) ‘7.18% GS 2033’, and (iii) ‘7.30% GS 2053’</title>
      <link>https://www.taxtmi.com/news?id=26867</link>
      <description>Re-issuance of three Government securities is scheduled by auction with specified nominal amounts and an option for the Government to retain additional subscription up to Rs 2,000 crore per security. The 2028 and 2033 re-issues will be sold by price based auction using the uniform price method and the 2053 re-issue by multiple price method. Up to five percent of each notified amount is reserved for eligible individuals and institutions under the Non-Competitive Bidding Facility. Bids must be submitted electronically on RBI E-Kuber within prescribed windows; results, allotment and payment follow the announced timetable, and securities are eligible for When Issued trading under RBI guidelines.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Fri, 29 Sep 2023 18:25:10 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=26867</guid>
    </item>
  </channel>
</rss>