After reviewing the cash position, Government of India in consultation with the Reserve Bank of India (RBI), has decided to notify the amounts for the issuance of Treasury Bills for the quarter ending December 2014 as under:

Table 4: Issuance of T-Bills during Oct-Dec 2014

(Rs. crore)

Date of Auction	91 Days	182 Days	364 Days	Total
01-Oct-2014	9,000		6,000	15,000
08-Oct-2014	9,000	6,000		15,000
15-Oct-2014	9,000		6,000	15,000
22-Oct-2014	9,000	6,000		15,000
29-Oct-2014	9,000		6,000	15,000
05-Nov-2014	9,000	6,000		15,000
12-Nov-2014	8,000		6,000	14,000
19-Nov-2014	8,000	6,000		14,000
26-Nov-2014	8,000		6,000	14,000
03-Dec-2014	8,000	6,000		14,000
10-Dec-2014	8,000		5,000	13,000
17-Dec-2014	8,000	5,000		13,000
24-Dec-2014	8,000		5,000	13,000
31-Dec-2014	8,000	5,000		13,000
Total	1,18,000	40,000	40,000	1,98,000

The Government of India/Reserve Bank of India(RBI) 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 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.

Government of India, Ministry of Finance ,Department of Economic Affairs

Treasury bill issuance schedule announced, with preserved government and central bank flexibility to modify auction timing and amounts. Notification of a quarterly auction calendar for Treasury Bills specifying scheduled weekly auctions across 91 day, 182 day and 364 day tenors with aggregate issuance targets, while preserving the Government of India and Reserve Bank of India discretion to modify amounts and timing in response to financing needs and market conditions; auctions will be conducted under the terms and conditions of General Notification No. F2(12)-W&M/97 as amended.