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TMI BlogAuction for Sale (Issue/Re-Issue) of (i) ‘New GS 2026’, (ii) ‘GoI Floating Rate Bond 2033’, (iii) ‘New GS 2035’, and (iv) ‘6.67% GS 2050’X X X X Extracts X X X X X X X X Extracts X X X X ..... Auction for Sale (Issue/Re-Issue) of (i) ‘New GS 2026’, (ii) ‘GoI Floating Rate Bond 2033’, (iii) ‘New GS 2035’, and (iv) ‘6.67% GS 2050’ - News and Press Release Dated:- 6-4-2021 - News - The Government of India (GoI) has announced the Sale (Issue/Re-issue) of (i) New Government Security, 2026 for a notified amount of ₹ 11,000 crore (nominal) through yield based auction , (ii) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... GoI Floating Rate Bonds, 2033 for a notified amount of ₹ 4,000 crore (nominal) through price based auction, (iii) New Government Security, 2035 for a notified amount of ₹ 10,000 crore (nominal) through yield based auction ,, and (iv) 6.67% Government Security, 2050 for a notified amount of ₹ 7,000 crore (nominal) through price based auction . GoI will ha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ve the option to retain additional subscription up to ₹ 8,000 crore against the above Security/Securities. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on April 09, 2021 (Friday) using multiple price method . Up to 5% of the notified amount of the sale of the Securities will be allotted to eligible individuals and Institutions as per the Sc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... heme 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 April 09, 2021 . The non-competitive bids should be submitted between 10.30 a.m. and 11.00 a.m. and the competitive bids should be submitted be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tween 10.30 a.m. and 11.30 a.m. The result of the auctions will be announced on April 09, 2021 (Friday) and payment by successful bidders will be on April 12, 2021 (Monday) . The Securities will be eligible for When Issued trading in accordance with the guidelines on When Issued transactions in Central Government Securities issued by the Reserve Bank of India vide circular N ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o. RBI/2018-19/25 dated July 24, 2018 as amended from time to time. **** RM/MV/KMN - 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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