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Glossary

Quota Premium :

Price of the successful COE bid.

Change :

Difference between current price of COE and the previous price.

Prevailing Quota :

Amount to be paid for COE renewal.

Premium :

Computed from three months moving average of COE prices.

Quota :

Number of COE issued.

Bids Recieved :

Number of bidders participating in the COE bidding round.