TMI BlogAuction for Sale (Issue/Re-issue) of (i) 4.56 % GS 2023, (ii) New GS 2029, (iii) 6.54% GS 2032 and (iv) 6.95% GS 2061X 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) 4.56 % GS 2023, (ii) New GS 2029, (iii) 6.54% GS 2032 and (iv) 6.95% GS 2061 - News and Press Release Dated:- 9-4-2022 - News - The Government of India (GoI) has announced the Sale ( Issue/re-issue ) of (i) 4.56% GS 2023 for a notified amount of ₹ 4,000 crore (nominal) through price based auction using uniform price method; (ii) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... New GS 2029 for a notified amount of ₹ 7,000 crore (nominal) through yield based auction using uniform price method; (iii) 6.54% Government Security, 2032 for a notified amount of ₹ 13,000 crore (nominal) through price based auction using uniform price method; and (iv) 6.95% Government Security 2061 for a notified amount of ₹ 9,000 crore (nominal) through ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... price based auction using multiple price method. GoI will have the option to retain additional subscription up to Rs 2,000 crore against each one or more security/ies. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on Wednesday i.e.April 13, 2022. Up to 5% of the notified amount of the sale of the Securities will be allotted to eligible individua ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ls 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 April 13 , 2022 . The non-competitive bids should be submitted between 10.30 a.m. and 11.00 a.m. and the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... competitive bids should be submitted between 10.30 a.m. and 11.30 a.m. The result of the auctions will be announced on April 13 , 2022 (Wednesday) and payment by successful bidders will be on April 18 , 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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
|
