Decision/Other
Adopted

Reserve Bank determines minimum price/maximum yield for accepting tenders

The Reserve Bank of India sets the minimum price or maximum yield at which tenders to buy Government Securities will be accepted, based on the bids received at auction.

Actors and targets

Targets tenders for purchase of Government Securityitem

Source

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.
bank_nbfc_fintech · Telegram Open post

Not established

  • Auction date
  • Notified amount
  • Specific security identifier
  • Determined minimum price or maximum yield value

Extracted detail

Decision maker
Reserve Bank of India

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