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TMI BlogAuction for Sale (issue/ re-issue) of (i) 7.33% GS 2026, (ii) New GS, 2034 and (iii) 7.25% GS 2063X 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) 7.33% GS 2026, (ii) New GS, 2034 and (iii) 7.25% GS 2063 - News and Press Release Dated:- 2-4-2024 - News - Auction for Sale (issue/ re-issue) of (i) 7.33% GS 2026, (ii) New GS, 2034 and (iii) 7.25% GS 2063 - - - Dated:- 2-4-2024 - The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) 7.33% Government Security 2026 for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a notified amount of ₹6,000 crore (nominal) through price based auction using multiple price method, (ii) New Government Security 2034 for a notified amount of ₹20,000 crore (nominal) through yield based auction using multiple price method, and (iii) 7.25% Government Security 2063 for a notified amount of ₹12,000 crore (nominal) through price based auction using multiple price me ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... thod. GoI will have the option to retain additional subscription up to ₹ 2,000 crore against each security mentioned above. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on April 05, 2024 (Friday). Up to 5% of the notified amount of the sale of the securities will be allotted to eligible individuals and institutions as per the Scheme for Non-Competi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tive 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 05, 2024 . The non-competitive bids should be submitted between 12:30 p.m. and 01:00 p.m. and the competitive bids should be submitted between 12:30 p.m. and 01: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 30 p.m. The result of the auctions will be announced on April 05, 2024 (Friday) and payment by successful bidders will be on April 08, 2024 (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 No. RBI/2018-19/25 dated July 24, 2018 as amended ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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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