TMI BlogAuction for Sale (Re-issue) of 3.96 GS 2022, Auction for Sale (Re-issue) of 5.15% GS 2025, Auction for Sale (Issue) of New GS 2030, and Auction for Sale (Re-issue) of 6.80% GS 2060X X X X Extracts X X X X X X X X Extracts X X X X ..... Auction for Sale (Re-issue) of 3.96 GS 2022, Auction for Sale (Re-issue) of 5.15% GS 2025, Auction for Sale (Issue) of New GS 2030, and Auction for Sale (Re-issue) of 6.80% GS 2060 - News and Press Release Dated:- 24-11-2020 - News - The Government of India (GoI) has announced the Sale (Issue/Re-issue) of (i) 3.96% Government Stock, 2022 for a notified amount of ₹ 2,000 crore ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (nominal) through price based auction , (ii) 5.15% Government Stock, 2025 for a notified amount of ₹ 11,000 crore (nominal) through price based auction , (iii) New Government Stock, 2030 for a notified amount of ₹ 8,000 crore (nominal) through yield based auction , and (iv) 6.80% Government Stock, 2060 for a notified amount of ₹ 7,000 crore (nominal) through pric ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e based auction . GoI will have the option to retain additional subscription up to ₹ 2,000 crore against each of the above securities. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on November 27 , 2020 (Friday) using multiple price method . Up to 5% of the notified amount of the sale of the stocks will be allotted to eligible individuals ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 November 27 , 2020 . The non-competitive bids should be submitted between 10.30 a.m. and 11.00 a.m. and the com ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... petitive bids should be submitted between 10.30 a.m. and 11.30 a.m. The result of the auctions will be announced on November 27 , 2020 (Friday) and payment by successful bidders will be on December 01 , 2020 (Tuesday) . The Stocks will be eligible for When Issued trading in accordance with the guidelines on When Issued transactions in Central Government Securities issued by the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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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