https://www.taxtmi.com/news?id=27193 The Government announced re issue auctions of specified Government securities using price based auction methods, with an option to retain additional subscriptions. Auctions employ either the uniform price or multiple price method; up to five percent of each notified amount is reserved for non competitive bidders under the Scheme for Non Competitive Bidding. Competitive and non competitive bids must be submitted electronically via the Reserve Bank of India's E Kuber system within prescribed submission windows. The Reserve Bank of India will conduct the auctions, announce results on the auction day, and require payment by successful bidders on the notified settlement date. Securities are eligible for When Issued trading under RBI guidelines. en-us Tue, 30 Jan 2024 09:52:24 +0530 Tue, 30 Jan 2024 09:52:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27193 The Government announced re issue auctions of specified Government securities using price based auction methods, with an option to retain additional subscriptions. Auctions employ either the uniform price or multiple price method; up to five percent of each notified amount is reserved for non competitive bidders under the Scheme for Non Competitive Bidding. Competitive and non competitive bids must be submitted electronically via the Reserve Bank of India's E Kuber system within prescribed submission windows. The Reserve Bank of India will conduct the auctions, announce results on the auction day, and require payment by successful bidders on the notified settlement date. Securities are eligible for When Issued trading under RBI guidelines. News - Tue, 30 Jan 2024 09:52:24 +0530 https://www.taxtmi.com/news?id=27193