Fourth Auction Timeline

The Pilot Auction Facility is pleased to announce the following anticipated deadlines in conjunction with its fourth auction:

  • Availability of the Bidder Application Package: December 1, 2019 (Expected)
  • Application Deadline: Mid January, 2020 (Expected)
  • Bid Deposits Due: February, 2020 (Expected)
  • Auction Date: First half 2020 (Expected)

Once available, the PAFERNs draft final terms and Bidder Application Package can be requested by sending an e-mail to with the disclaimer language cut and pasted from this webpage (to be published once the Bidder Application Package becomes available).

Interested parties are also encouraged to review the auction Eligibility Criteria, the Bidders' Q&A and participate in one of the in person or online events.