{"id":62153,"date":"2023-01-12T15:31:49","date_gmt":"2023-01-12T10:01:49","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=62153"},"modified":"2023-03-06T16:52:30","modified_gmt":"2023-03-06T11:22:30","slug":"rbi-issues-circular-in-regard-to-operational-risk-management-price-yield-range-setting-in-e-kuber","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-issues-circular-in-regard-to-operational-risk-management-price-yield-range-setting-in-e-kuber\/","title":{"rendered":"RBI Issues Circular in Regard to the Operational Risk Management: Price\/Yield Range Setting in e-Kuber"},"content":{"rendered":"

On 11th January 2023, the Reserve Bank of India (RBI) issued a Circular in regard to the Operational Risk Management: Price\/Yield Range Setting in e-Kuber. This particular circular was issued in reference to Circular No. IDMD\/1615\/08.02.032\/2019-20 issued on 12th December 2019, advising the participants in the Government Securities (G-Sec) Market<\/a> in regard to the “Price \/Yield Range Setting” facility provided on the e-Kuber platform as a risk management measure. <\/p>\n\n\n\n

The facility allows a market participant to define a range, i.e., a maximum and a minimum value for bids they intend to submit in an auction. The range can be set in either price or yield terms for each security in every auction, which can be set before the auction and can also be modified during the auction. Once the participating entity sets the limits, the bids in the auction are automatically validated against the set limits. This is expected to eliminate Fat-finger\/Big-figure error instances by the bidders in the G-Sec auctions.<\/p>\n","protected":false},"excerpt":{"rendered":"

On 11th January 2023, the Reserve Bank of India (RBI) issued a Circular in regard to the Operational Risk Management: Price\/Yield Range Setting in e-Kuber. This particular circular was issued in reference to Circular No. IDMD\/1615\/08.02.032\/2019-20 issued on 12th December 2019, advising the participants in the Government Securities (G-Sec) Market<\/a> in regard to the “Price […]<\/p>\n","protected":false},"author":4,"featured_media":62156,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"\nRBI Issues Circular in Regard to Operational Risk Management: Price\/Yield Range Setting in e-Kuber<\/title>\n<meta name=\"description\" content=\"On 11th January 2023, RBI advised the participants in the Government Securities (G-Sec) market about the \u201cPrice \/ Yield range setting\u201d facility provided on the e-Kuber platform as a risk management measure.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-issues-circular-in-regard-to-operational-risk-management-price-yield-range-setting-in-e-kuber\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI Issues Circular in Regard to Operational Risk Management: Price\/Yield Range Setting in e-Kuber\" \/>\n<meta property=\"og:description\" content=\"On 11th January 2023, RBI advised the participants in the Government Securities (G-Sec) market about the \u201cPrice \/ Yield range setting\u201d facility provided on the e-Kuber platform as a risk management measure.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/rbi-issues-circular-in-regard-to-operational-risk-management-price-yield-range-setting-in-e-kuber\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:author\" content=\"enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-06T11:22:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-21.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"920\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/62153"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=62153"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/62153\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/62156"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=62153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}