Tender for Purchase of 5 x 2,000 AUD parcels

Day 902, 09:25 • Published in Australia Australia • by Reserve Bank of Australia

The sale process will be by public tender. The tender is to be administered by the Minister for Finance under supervision from the Prime Minister of eAustralia.

In this tender:

1. Offer: 5 parcels of 2,000 AUD are being offered.
2. Tenderers can bid for either 1 or 2 parcels but no more.
3. Separate bid prices are allowable and will be considered separately if offered.
4. Bids are to be made in GOLD max 3 decimals (eg. 39.987 gold)
5. Current market peg for AUD is 0.020 and will be maintained until after the tender is complete.
6. Minimum allowable bid is 38 GOLD (equivalent to peg of 0.019)
7. Bids must be pm'd to Reserve Bank of Australia.
8. A deposit of 0.5 gold for each bid, donated to the Reserve Bank of Australia will also be required to support your bid(s).
9. Bids and corresponding deposits must be lodged before tender close on 2 am Day 903. Late bids will not be accepted.
10. Highest of the allowable bids up to the offer quantity will be awarded the sale. The price for all of the successful tenderers will be the same, equal to the lowest of the sucsessful tender amounts.
11. Successful tenderers will be advised within 2 hours of tender close and will then have 24 hours to pay the tendered amount (less the deposit) and the AUD parcel will be donated to them. If they fail to so this with the time period, they will be considered unsuccessful. No new tender will be awarded.
12. Unsuccessful tenderers will be returned their deposits