April 1, 2022
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Issuance calendar for government dated securities announces weekly tenor allocations, retail non competitive reservation, and modification flexibility.
Indicative issuance calendar for government dated securities for April-September 2022 sets weekly auction schedules with specified tenor-wise allocations, recurring issuance of floating rate bonds, and an aggregate calendared amount. Auctions include a non-competitive bidding facility reserving five percent for specified retail investors. The Government and the Reserve Bank retain flexibility to modify amounts, periods, maturities and instrument types after notice, may exercise a greenshoe option to retain additional subscription up to the notified limit, and will conduct monthly switch auctions subject to the General Notification.