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TMI BlogAuction for Sale (issue/re-issue) of (i) 5.74% GS 2026, (ii) GoI Floating Rate Bond 2034, (iii) New GS 2036 (iV) 6.99% GS 2051X 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) 5.74% GS 2026, (ii) GoI Floating Rate Bond 2034, (iii) New GS 2036 (iV) 6.99% GS 2051 - News and Press Release Dated:- 14-5-2022 - News - Government of India (GoI) has announced the Sale ( issue /re-issue ) of (i) 5.74% Government Security, 2026 for a notified amount of Rs 9,000 crore (nominal) through price based auction using uniform p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rice method; (ii) GoI Floating Rate Bonds, 2034 for a notified amount of Rs 4,000 crore (nominal) through price based auction using uniform price method; (iii) New Government Security 2036 for a notified amount of Rs 10,000 crore (nominal) through yield based auction using uniform price method and (iv) 6.99% Government Security 2051 for a notified amount of Rs 9,000 crore (n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ominal) through price based auction using multiple price method. GoI will have the option to retain additional subscription up to Rs 2,000 crore against each security mentioned above. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on May 20, 2022 (Friday). Up to 5% of the notified amount of the sale of the Securities will be allotted to eligible i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ndividuals 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 May 20 , 2022 . The non-competitive bids should be submitted between 10.30 a.m. and 11.00 a.m. and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 May 20 , 2022 (Friday) and payment by successful bidders will be on May 23 , 2022 (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 t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he 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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