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TMI BlogAuction for Sale (Re-Issue) of ‘6.17% GS 2021’, Auction for Sale (Re-Issue) of ‘7.27% GS 2026’, Auction for Sale (Re-issue) of ‘GoI Floating Rate Bond 2031’, Auction for Sale (Re-Issue) of ‘7.62% GS 2039’, and Auction for Sale (Re-Issue) of ‘7.63% GS 2059’X X X X Extracts X X X X X X X X Extracts X X X X ..... Auction for Sale (Re-Issue) of ‘6.17% GS 2021’, Auction for Sale (Re-Issue) of ‘7.27% GS 2026’, Auction for Sale (Re-issue) of ‘GoI Floating Rate Bond 2031’, Auction for Sale (Re-Issue) of ‘7.62% GS 2039’, and Auction for Sale (Re-Issue) of ‘7.63% GS 2059’ - News and Press Release Dated:- 17-9-2019 - News - Government of India has announced the Sale (Re-issue) of (i) 6.17 per cent Governmen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t Stock, 2021 for a notified amount of ₹ 3,000 crore (nominal) through price based auction , (ii) 7.27 per cent Government Stock, 2026 for a notified amount of ₹ 3,000 crore (nominal) through price based auction , (iii) GoI Floating Rate Bonds, 2031 for a notified amount of ₹ 5,000 crore (nominal) through price based auction ,(iv) 7.62 per cent Governmen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t Stock, 2039 for a notified amount of ₹ 2,000 crore (nominal) through price based auction ,and (v) 7.63 per cent Government Stock, 2059 for a notified amount of ₹ 4,000 crore (nominal) through price based auction .Subject to the limit of ₹ 17,000 crore , being total notified amount, GoI will have the option to retain additional subscription up to ₹ 1,000 cr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ore each against anyone or more of the above securities. The auctions will be conducted using multiple price method . The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on September 20, 2019(Friday) . Up to 5% of the notified amount of the sale of the stockswill be allotted to eligible individuals and Institutions as per the Scheme for N ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on-Competitive Bidding Facility in the Auction of Government Securities. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on September 20, 2019 . The non-competitive bids should be submitted between 11.30 a.m. and 12.00 noonand the competitive bids shoul ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d be submitted between 11.30 a.m. and 12.30 p.m. The result of the auctions will be announced on September 20, 2019 (Friday) and payment by successful bidders will be on September 23, 2019(Monday) . The Stocks will be eligible for When Issued trading in accordance with the guidelines on When Issued transactions in Central Government Secu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rities issued by the Reserve Bank of India vide circular No. RBI/2018-19/25 dated July24, 2018 as amended from time to time. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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