With a view to improve the efficiency of the auction process of Government securities, it has been decided to revise the Primary auction timings with effect from April 13, 2012 as under:
|
Existing Timing |
Revised Timing |
Competitive Bidding |
10.30 am |
12.30 pm |
10.30 am |
12.00 pm |
Non-Competitive Bidding |
10.30 am |
11.30 am |
No Change |
The above auction timings will be applicable for primary auctions of all Government securities viz., Government of India Dated Securities, Treasury Bills, Cash Management Bills, State Development Loans and Underwriting auctions.
Ajit Prasad
Assistant General Manager
Press Release: 2011-2012/1608 |
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