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After reviewing the cash position of the Government of India, the Government in consultation with Reserve Bank of India(RBI), has decided to notify the amounts for the issuance of Treasury Bills for the quarter ending March 2015 as under:
Issuance of T-Bills during January-March, 2015 | ||||
(Rs. crore) | ||||
Date of Auction | 91 days | 182 days | 364 days | Total |
07 –Jan- 2015 | 8,000 |
| 7,000 | 15,000 |
14 –Jan- 2015 | 8,000 | 6,000 |
| 14,000 |
21 –Jan- 2015 | 8,000 |
| 6,000 | 14,000 |
28 –Jan- 2015 | 8,000 | 6,000 |
| 14,000 |
04 –Feb- 2015 | 8,000 |
| 6,000 | 14,000 |
11 –Feb- 2015 | 8,000 | 6,000 |
| 14,000 |
18 –Feb- 2015 | 8,000 |
| 6,000 | 14,000 |
25 –Feb- 2015 | 8,000 | 6,000 |
| 14,000 |
04 –March- 2015 | 8,000 |
| 6,000 | 14,000 |
11 –March- 2015 | 8,000 | 6,000 |
| 14,000 |
18 –March- 2015 | 8,000 |
| 6,000 | 14,000 |
25 –March- 2015 | 8,000 | 6,000 |
| 14,000 |
Total | 96,000 | 36,000 | 37,000 | 169,000 |
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 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 issuance calendar notified; amounts and dates subject to modification by government and central bank. The Government of India, in consultation with the Reserve Bank of India, has notified a weekly auction calendar for Treasury Bills for the quarter ending March 2015 with specified issuance amounts by tenor. The calendar may be modified-both amounts and timing-based on government cash needs, market conditions or intervening holidays, and such changes will be announced by press release. Auctions are governed by the terms and conditions in General Notification No. F2(12)-W&M/97, as amended. of Press 'Enter' after typing page number.
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