Regulation 11

each primary dealer applying on a non‑competitive basis to purchase the transferable Government securities or Treasury Bills on its own behalf must not be allotted more than 1% of the issue;

each person, other than a primary dealer, applying on a non‑competitive basis to purchase the transferable Government securities or Treasury Bills must not be allotted more than —

where the maturity date is one year or less — $1 million; or (ii)where the maturity date is more than one year — $2 million; (c)not more than 40% of the issue must be allotted by the Authority to applications made on a non‑competitive basis; and (d)despite any other provision in these Regulations —

each primary dealer must not be allotted more than 30% of the issue; and

each person, other than a primary dealer, must not be allotted more than 15% of the issue.