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NSE Releases Tentative Bidding and Post-Bidding Activity Calendar

The National Stock Exchange of India Ltd (NSE) has released the tentative bidding activity calendar and non-competitive bidding parameters for the upcoming RBI auction. The schedule outlines critical dates and times for bid collection, modification windows, and settlement activities.

The National Stock Exchange of India Ltd (NSE) has provided detailed timelines for the bidding and post-bidding activities related to the upcoming RBI auction. The bidding process includes specific windows for normal bid collection, goBID collection, and a modification window for DP mismatch.

Key Dates and Activities:

• Normal Bid Collection:
  • July 16, 2024: 10:00 AM to 5:00 PM
  • July 18, 2024: 10:00 AM to 7:00 PM
• Bid Collection via goBID:
  • July 16, 2024: 10:00 AM to 5:00 PM
  • July 18, 2024: Not Applicable
• Modification Window for DP Mismatch:
  • July 18, 2024: 7:30 PM to 8:00 PM

Post-Bidding Activity Calendar:

• Last Day of Bidding: July 18, 2024
• RBI Auction Day: July 19, 2024
• RBI Settlement Day: July 22, 2024

Detailed Timeline for July 22, 2024 (RBI Settlement Day):

• Funds Pay-in Report: 9:30 PM
• Cut off Time for Bids Withdrawal Request by Participant (Nmass): 7:30 AM
• Cut off Time to Provide Clear Funds for Funds Collection: 8:00 AM
• Provisional Member-wise Bid Status Report (Auction Date): 6:00 PM
• Final Member-wise Bid Status Report: 6:00 PM

Official Statements: NSE has informed participants that the reports will be downloaded to the Participant in Members Folder/Reports as per the provided schedule.