The Hindu Business Line : 91-day bill auction on November 3

Of this amount, Rs 1,500 crore will be auctioned under the Market Stabilisation Scheme (MSS), while Rs 500 crore will be under the regular auction calendar, said a press release.

The auction will be conducted using "Multiple Price Auction" method, said the release. The allocation to non-competitive bidders will be outside the notified amount, at the discretion of the bank.

Date of submission of tenders and result announcement is November 3, while payment by successful bidders will be on Friday, said the release.

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