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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.
