TMI BlogAuction for Sale (re-issue) of (i) ‘4.56 % GS 2023’, (ii) ‘7.10% GS 2029’, (iii) ‘6.54% GS 2032’ and (iv) ‘6.95% GS 2061’X X X X Extracts X X X X X X X X Extracts X X X X ..... Auction for Sale (re-issue) of (i) ‘4.56 % GS 2023’, (ii) ‘7.10% GS 2029’, (iii) ‘6.54% GS 2032’ and (iv) ‘6.95% GS 2061’ - News and Press Release Dated:- 6-6-2022 - News - The Government of India (GoI) has announced the Sale ( 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) 7.10% GS ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2029 for a notified amount of ₹7,000 crore (nominal) through price 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 price ba ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sed auction using multiple price method. 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 June 10 , 2022 ( Friday) . Up to 5% of the notified amount of the sale of the Securities will be allotted to eligible individuals and i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nstitutions 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 June 10 , 2022 . The non-competitive bids should be submitted between 10.30 a.m. and 11.00 a.m. and the competitiv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e bids should be submitted between 10.30 a.m. and 11.30 a.m. The result of the auctions will be announced on June 10 , 2022 (Friday) and payment by successful bidders will be on June 13 , 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 the Reserve Ba ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nk 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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