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TMI BlogAuction for Sale (re-Issue) of (i) 4.26% GS 2023, (ii) 5.63% GS 2026, (iii) 6.67% GS 2035, and (iv) 6.67% GS 2050X X X X Extracts X X X X X X X X Extracts X X X X ..... Auction for Sale (re-Issue) of (i) 4.26% GS 2023, (ii) 5.63% GS 2026, (iii) 6.67% GS 2035, and (iv) 6.67% GS 2050 - News and Press Release Dated:- 5-10-2021 - News - The Government of India (GoI) has announced the Sale ( re-issue ) of (i) 4.26% Government Security, 2023 for a notified amount of ₹ 2,000 crore (nominal) through price based auction using uniform price method ( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ii) 5.63% Government Security, 2026 for a notified amount of ₹ 6,000 crore (nominal) through price based auction using uniform price method (iii) 6.67% Government Security, 2035 for a notified amount of ₹ 9,000 crore (nominal) through price based auction using uniform price method, and (iv) 6.67% Government Security, 2050 for a notified amount of ₹ 7,000 cr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ore (nominal) through price based auction using multiple price method. GoI will have the option to retain additional subscription up to ₹2,000 crore each against one or more security/securities. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on Friday i.e. October 08 , 2021 . Up to 5% of the notified amount of the sale of the Securities will ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 08, 2021 . The non-competitive bids should be submitted between 12 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .30 p.m. and 1.00 p.m. and the competitive bids should be submitted between 12.30 p.m. and 1.30 p.m. The result of the auctions will be announced on October 08, 2021 (Friday) and payment by successful bidders will be on October 11, 2021 (Monday) . The Securities will be eligible for When Issued trading in accordance with the guidelines on When Issued transactions in Central Gov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ernment 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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