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TMI BlogRevised Press Release with reference to Press Release issued on 5.10.2020 for Auction for Sale (Re-Issue) of 5.09% GS 2022, Auction for Sale (Re-Issue) of 5.77% GS 2030, Auction for Sale (Re-issue) of GoI Floating Rate Bond 2033, and Auction for Sale (Re-issue) of 6.80% GS 2060X X X X Extracts X X X X X X X X Extracts X X X X ..... Revised Press Release with reference to Press Release issued on 5.10.2020 for Auction for Sale (Re-Issue) of 5.09% GS 2022, Auction for Sale (Re-Issue) of 5.77% GS 2030, Auction for Sale (Re-issue) of GoI Floating Rate Bond 2033, and Auction for Sale (Re-issue) of 6.80% GS 2060 - News and Press Release Dated:- 7-10-2020 - News - The Government of India (GoI) has announced the Sale (Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -issue) of (i) 5.09 per cent Government Stock, 2022 for a notified amount of ₹ 3,000 crore (nominal) through price based auction , (ii) 5.77 per cent GS, 2030 for a notified amount of ₹ 13,000 crore (nominal) through price based auction , (iii) GoI Floating Rate Bonds, 2033 for a notified amount of ₹ 3,000 crore (nominal) through price based auction , and (iv) 6.80% Gov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ernment Stock, 2060 for a notified amount of ₹ 9,000 crore (nominal) through price based auction . GoI will have the option to retain additional subscription up to ₹ 2,000 crore against each of the above securities. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on October 9, 2020 (Friday) using multiple price method. Up to 5% of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-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 October 9, 2020. The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... non-competitive bids should be submitted between 12.00 Noon and 12.30 p.m. and the competitive bids should be submitted between 12.00 Noon and 1.00 p.m. The result of the auctions will be announced on October 9, 2020 (Friday) and payment by successful bidders will be on October 12, 2020 (Monday). The Stocks will be eligible for When Issued trading in accordance with the guide ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lines on When Issued transactions in Central Government Securities issued by the Reserve Bank of India vide circular No. RBI/2018-19/25 dated July 24, 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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