After review of the cash position of the Central Government, the Government of India in consultation with the Reserve Bank of India (RBI) has revised the auction calendar for issuance of Treasury Bills for the remaining part of Q2 of 2014-15 as under:

Calendar for Auction of Treasury Bills during August-September 2014 (Rupees crore)
Date of Auction	91 Days	182 Days	364 Days	Total
August 20, 2014	8,000		5,000	13,000
August 27, 2014	8,000	5,000		13,000
September 03, 2014	8,000		5,000	13,000
September 10, 2014	7,000	5,000		12,000
September 17, 2014	7,000		5,000	12,000
September 24, 2014	7,000	5,000		12,000

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 of India, 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 auctions 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 revised; government retains flexibility to modify amounts and timing under notification terms. Revision of the Treasury Bill auction calendar for the remainder of Q2 2014-15 specifies weekly auction dates and the supply composition by tenor. The Government of India, in consultation with the Reserve Bank of India, retains discretion to modify notified amounts and timing based on cash management needs, market conditions and other factors; changes will be announced by press release. Auctions are subject to the terms of the applicable General Notification governing Treasury Bill issuance, as amended.