The auction will be conducted on BSE's ebidxchange platform from 3:30pm to 5:30 pm, after the close of market hours, the exchange said in a circular issued today.
The debt auction quota gives overseas investors the right to invest in the debt up to the limit purchased.
"Live bidding session for allocation of debt investment limits (Rs 13,756 crore) for FII/FPI/sub accounts shall be conducted on January 3, 2018 on exchange's 'ebidxchange' platform," BSE said.
Besides, a mock bidding session would be conducted today to check the system's performance.
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