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What are the advantages of the non-competitive bidding facility?

April 26, 2017advantages bidding facility non-competitive

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What are the advantages of the non-competitive bidding facility?

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1. The non competitive bidding facility will encourage wider participation and retail holding of government securities. 2. It will enable individuals, firms and other mid segment investors who do not have the expertise to participate in the auctions. 3. Such investors will have a fair chance of assured allotments at the rate which emerges in the auction.