Turn your GOLD into AUD at the best rates in town
Day 1,096, 00:31
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Published in Australia 
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by
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by Reserve Bank of Australia
Tender for Purchase of 10 x 500 AUD lots
The government is selling blocks of Australian Dollars (AUD) in lots of 500. Any citizen of Australia is eligible to participate.
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: 10 parcels of 500 AUD are being offered.
2. Tenderers can bid for any amount of parcels but only the first 5 offers will be considered in a first round if the tender is oversubscribed. All additional tenders will be considered in a second round if the first round does not complete the tender.
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. 5.987 gold)
5. Minimum allowable bid is 5.250 GOLD.
6. Bids must be pm'd to Reserve Bank of Australia.
7. A deposit of 1 gold for EACH parcel being bid for, donated to the Reserve Bank of Australia will also be required to support your bid(s).
8. Bids and corresponding deposits must be lodged before tender close on 2 am Day 1,097 Late bids will not be accepted.
9. 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.
10. 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.
11. Unsuccessful tenderers will be returned their deposits.
The government is selling blocks of Australian Dollars (AUD) in lots of 500. Any citizen of Australia is eligible to participate.
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: 10 parcels of 500 AUD are being offered.
2. Tenderers can bid for any amount of parcels but only the first 5 offers will be considered in a first round if the tender is oversubscribed. All additional tenders will be considered in a second round if the first round does not complete the tender.
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. 5.987 gold)
5. Minimum allowable bid is 5.250 GOLD.
6. Bids must be pm'd to Reserve Bank of Australia.
7. A deposit of 1 gold for EACH parcel being bid for, donated to the Reserve Bank of Australia will also be required to support your bid(s).
8. Bids and corresponding deposits must be lodged before tender close on 2 am Day 1,097 Late bids will not be accepted.
9. 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.
10. 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.
11. Unsuccessful tenderers will be returned their deposits.
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Comments
first
Is this even legal?
jah christopher