https://www.taxtmi.com/circulars?id=58820 An open bidding platform administered by stock exchanges will allocate a designated portion of FII corporate debt investment capacity. Bids, placed via trading members, are priced in basis points and allocated by price then time priority. The procedure specifies minimum bid and tick sizes, a minimum flat fee or the bid price payable by successful bidders, conversion of limits into rupee terms at the RBI reference rate on bid date, and a per-entity allocation cap; utilisation periods and a separate first-come, first-served route for smaller allocations are also prescribed. en-us Fri, 06 Feb 2009 00:00:00 +0530 Mon, 31 Dec 2018 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58820 An open bidding platform administered by stock exchanges will allocate a designated portion of FII corporate debt investment capacity. Bids, placed via trading members, are priced in basis points and allocated by price then time priority. The procedure specifies minimum bid and tick sizes, a minimum flat fee or the bid price payable by successful bidders, conversion of limits into rupee terms at the RBI reference rate on bid date, and a per-entity allocation cap; utilisation periods and a separate first-come, first-served route for smaller allocations are also prescribed. Circulars SEBI Fri, 06 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58820