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TMI BlogAuction for Sale (Re-Issue) of (i) ‘5.63% GS 2026’, (ii) ‘GoI Floating Rate Bond 2033’, (iii) ‘6.64% 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 (Re-Issue) of (i) ‘5.63% GS 2026’, (ii) ‘GoI Floating Rate Bond 2033’, (iii) ‘6.64% GS 2035’, and (iv) ‘6.67% GS 2050’ - News and Press Release Dated:- 9-8-2021 - News - The Government of India (GoI) has announced the Sale ( Re-issue ) of (i) 5.63% Government Security, 2026 for a notified amount of ₹ 11,000 crore (nominal) through price based auction using uniform ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... price method (ii) GoI Floating Rate Bonds, 2033 for a notified amount of ₹ 3,000 crore (nominal) through price based auction using uniform price method (iii) 6.64% Government Security, 2035 for a notified amount of ₹ 10,000 crore (nominal) through price based auction using uniform price method, and (iv) 6.67% Government Security, 2050 for a notified amount of S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 77; 7,000 crore (nominal) through price based auction using multiple price method. GoI will have the option to retain additional subscription up to Rs 8,000 crore against the above Security/Securities. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on Friday i.e. August 13 , 2021 . Up to 5% of the notified amount of the sale of the Securities w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ill 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 August 13, 2021 . The non-competitive bids should be submitted between ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 10.30 a.m. and 11.00 a.m. and the competitive bids should be submitted between 10.30 a.m. and 11.30 a.m. The result of the auctions will be announced on August 13, 2021 (Friday) and payment by successful bidders will be on August 17 , 2021 (Tuesday) . The Securities will be eligible for When Issued trading in accordance with the guidelines on When Issued transactions in Central Go ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vernment 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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