Guidelines for Auction Activities
Bid Placement in Primary Auctions:
- To access the Bidding/ Transaction page, investor will check the availability of his account.
- If an account exists, investor will sign in and will be directed to dashboard.
- If user’s account does not exist, investor will first register himself. (Process are mentioned in Investment guidelines).
- Access to the bid placement window is limited to only registered users and have multifactor authentication.
- Two-factor authentication is necessary into the system for login.
- Registered users are required to enter the OTP each time to place a bid, an order, accepting price and editing the portfolio.
- Registered investors can place both competitive and non-competitive bids through active auction tab.
- Upon selecting place bid button under the active auction tab, the investor will select the bank and enter the bid details specific to competitive or non-competitive auctions for participation in auction.
- After the auction result announcement by SBP the portfolios for the investors will be updated accordingly and can be checked by investor under the ‘Portfolio Listing’ tab.