TMI BlogSpecial Auction for Sale (Re-issue) of ‘5.15% GS 2025’, and ‘5.85% GS 2030’X X X X Extracts X X X X X X X X Extracts X X X X ..... Special Auction for Sale (Re-issue) of ‘5.15% GS 2025’, and ‘5.85% GS 2030’ - News and Press Release Dated:- 9-2-2021 - News - The Government of India (GoI) has announced the Sale (Re-issue) of (i) 5.15% Government Security, 2025 for a notified amount of Rs 11,000 crore (nominal), and (ii) 5.85% Government Security, 2030 for a notified amount of Rs 11,000 crore (nominal), both throu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gh price based auction. GoI will have the option to retain additional subscription up to Rs 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 February 11, 2021 (Thursday) using multiple price method . Up to 5% of the notified amount of the sale of the Securities will be allotted to eligible ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 February 11 , 2021 . The non-competitive bids should be submitted between10.30 a.m. and 11.00 a.m. a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd 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 February 11 , 2021 (Thursday) and payment by successful bidders will be on February 12 , 2021 (Friday) . The Securities will be eligible for When Issued trading in accordance with the guidelines on When Issued transactions in Central Government Securities ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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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