The Government of India in consultation with Reserve Bank of India (RBI), after reviewing the cash position of the Government of India, has decided to notify the amounts for the issuance of Treasury Bills for the quarter ending December 2013 as under:

The Government of India/ Reserve Bank of India will continue to have the flexibility to modify the notified amount and timing for auction of Treasury Bills depending upon the requirements of the Government, evolving market conditions and other relevant factors. Thus, the calendar is subject to change, if circumstances so warrant including for reasons such as intervening holidays. Such changes, if any, will be communicated through regular press releases.

The auction of Treasury Bills will be subject to the terms and conditions specified in the General Notification No. F2(12)-W&M/97 dated March 31, 1998 issued by the Government of India, as amended from time to time.

Treasury bill auction schedule: notified issuance amounts and dates set for the quarter, subject to modification and prevailing conditions. Notification establishes a quarterly calendar of Treasury Bill auctions with specified dates and fixed notified issuance amounts by tenor, while preserving the authority to modify amounts or timing based on government cash needs and market conditions; auctions are governed by the procedural terms of the standing General Notification F2(12)-W&M/97, as amended.