TMI BlogAuction for Sale (re-issue) of (i) ‘6.69% GS 2024’, (ii) ‘7.10% GS 2029’, (iii) ‘7.26% GS 2032’ (iv) ‘7.40% GS 2062’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) ‘6.69% GS 2024’, (ii) ‘7.10% GS 2029’, (iii) ‘7.26% GS 2032’ (iv) ‘7.40% GS 2062’ - News and Press Release Dated:- 26-9-2022 - News - The Government of India (GoI) has announced the sale (re-issue) of (i) 6.69% Government Security 2024 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 ..... 7.10% Government Security 2029 for a notified amount of ₹ 7,000 Crore (nominal) through price based auction using uniform price method, (iii) 7.26% Government Security 2032 for a notified amount of ₹ 13,000 Crore (nominal) through price based auction using uniform price method and (iv) 7.40% Government Security 2062 for a notified amount of ₹ 9,000 Cr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ore (nominal) through price based 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 September 30, 2022 (Friday) . Up to 5% of the notified amount of the sale of the securities will be allo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tted to eligible 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 September 30, 2022 . The non-competitive bids should be submitted between 12:30 p. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m. and 01:00 p.m. and the competitive bids should be submitted between 12:30 p.m. and 01:30 p.m. The result of the auctions will be announced on September 30, 2022 (Friday) and payment by successful bidders will be on October 03 , 2022 (Monday). The Securities will be eligible for When Issued trading in accordance with the guidelines on When Issued transactions in Central G ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... overnment Securities 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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