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TMI BlogAuction for Sale (Re-issue) of (i) ‘4.56% GS 2023’, (ii) ‘5.74% GS 2026’, (iii) ‘6.67% GS 2035’, and (iv) ‘6.99% GS 2051’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) ‘4.56% GS 2023’, (ii) ‘5.74% GS 2026’, (iii) ‘6.67% GS 2035’, and (iv) ‘6.99% GS 2051’ - News and Press Release Dated:- 20-12-2021 - News - The Government of India (GoI) has announced the Sale ( Re-issue ) of (i) 4.56% 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) 5.74% 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) 6.99% Government Security, 2051 for a notified amount of ₹ 7,000 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... crore (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. December 24 , 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 December 24 , 2021 . The non-competitive bids should be submitted betwee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n 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 December 24 , 2021 (Friday) and payment by successful bidders will be on December 27 , 2021 (Monday) . The Securities will be eligible for When Issued trading in accordance with the guidelines on When Issued transacti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ons 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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