TMI BlogAuction for Sale (re-issue) of (i) ‘7.38 GS 2027’, (ii) ‘GoI Floating Rate Bond 2028’, (iii) ‘7.54% GS 2036’ (iv) ‘6.99% GS 2051’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) ‘7.38 GS 2027’, (ii) ‘GoI Floating Rate Bond 2028’, (iii) ‘7.54% GS 2036’ (iv) ‘6.99% GS 2051’ - News and Press Release Dated:- 27-6-2022 - News - The Government of India (GoI) has announced the Sale ( re-issue ) of (i) 7.38%Government Security, 2027 for a notified amount of Rs 9,000 crore (nominal) through pricebased auction using uniform price method ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ; (ii) GoI Floating Rate Bonds, 2028 for a notified amount of Rs 4,000 crore (nominal) through price based auction using uniform price method; (iii) 7.54% Government Security 2036 for a notified amount of Rs 10,000 crore (nominal) through price based auction using uniform price methodand (iv) 6.99% Government Security 2051 for a notified amount of Rs 9,000 crore (nominal) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... through price based auction using multiple price method.GoI will have the option to retain additional subscription up to Rs 2,000 crore against eachsecurity mentioned above. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on July 01, 2022 (Friday). Up to 5% of the notified amount of the sale of the Securitieswill be allotted to eligible individual ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s 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 July 01, 2022 . The non-competitive bids should be submitted between 10.30 a.m. and 11.00 a.m. and the compet ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... itive bids should be submitted between 10.30 a.m. and 11.30 a.m. The result of the auctions will be announced on July 01, 2022 (Friday) and payment by successful bidders will be on July 04 , 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 Reserv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e 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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