commitment
On the basis of bids received, the Reserve Bank will determine the minimum price/maximum yield up to which tenders for purchase of Government Security will be accepted at the auctions.
A commitment by Reserve Bank. Statements are as reported by the cited publishers — not verified by DecisionGateway.
On the basis of bids received, the Reserve Bank will determine the minimum price/maximum yield up to which tenders for purchase of Government Security will be accepted at the auctions.
Related claims
Bids quoted at rates lower than the minimum price/higher than the maximum yield determined by the Reserve Bank of India will be rejected.bank_nbfc_fintech · predictionReserve Bank of India will have the full discretion to accept or reject any or all bids either wholly or partially without assigning any reason.Reserve Bank of India · statementIn all the auctions, Government security up to 5% of the notified amount for sale of individual security will be allotted to the eligible individuals and institutions under the Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities.bank_nbfc_fintech · statementThe underwriting of the Government Securities under auctions by the 'Primary Dealers' will be as per the "Revised Scheme of Underwriting Commitment and Liquidity Support" announced by the Reserve Bank vide circular RBI/2007-08/186 dated November 14, 2007, as amended from time to time.bank_nbfc_fintech · statementA Primary Dealer will submit a single consolidated non-competitive bid for an individual security on behalf of its constituents, based on firm orders received from them, in electronic format on the Reserve Bank of India Core Banking Solution (e-Kuber system).Primary Dealer · commitmentCBK announced a new Treasury bond offer with a minimum investment of Ksh50,000.CBK · statement