---
title: "Reserve Bank rejects bids outside determined price/yield limits — DecisionGateway"
description: "The Reserve Bank of India will reject auction bids quoted below its determined minimum price or above its maximum yield, setting the cut-off for accepted govern"
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**Decision**/Other/29 Mar 2023

**Adopted**

# **Reserve Bank rejects bids outside determined price/yield limits**

The Reserve Bank of India will reject auction bids quoted below its determined minimum price or above its maximum yield, setting the cut-off for accepted government securities tenders.

## **Actors and targets**

Targets Bids quoted at rates lower than the minimum price/higher than the maximum yielditem

## **Source**

> 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 · Telegram [ Open post](https://t.me/bank_nbfc_fintech/275250)*

## **Not established**

- Auction date
- Specific security or issue
- Notified amount
- Determined minimum price or maximum yield values

## **Extracted detail**

<dl>

<dt>Decision maker</dt>
<dd>Reserve Bank of India</dd></dl>

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