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After reviewing the cash position, the Government of India, in consultation with Reserve Bank of India (RBI), has decided to notify the amounts for the issuance of Treasury Bills for the Quarter ending December 2015 as under:
Notified Amount for Auction of Treasury Bills (October 1, 2015 to – December 31, 2015) (Rs. inCrore) | ||||
Date of Auction | 91 Days | 182 Days | 364 Days | Total |
October 07, 2015 | 8,000 | 6,000 | 14,000 | |
October 14, 2015 | 8,000 | 6,000 | 14,000 | |
October 21, 2015 | 8,000 | 6,000 | 14,000 | |
October 28, 2015 | 8,000 | 6,000 | 14,000 | |
November 04, 2015 | 8,000 | 6,000 | 14,000 | |
November 10, 2015 | 8,000 | 6,000 | 14,000 | |
November 18, 2015 | 8,000 | 6,000 | 14,000 | |
November 24, 2015 | 8,000 | 6,000 | 14,000 | |
December 02, 2015 | 8,000 | 6,000 | 14,000 | |
December 09, 2015 | 8,000 | 6,000 | 14,000 | |
December 16, 2015 | 8,000 | 6,000 | 14,000 | |
December 23, 2015 | 8,000 | 6,000 | 14,000 | |
December 30, 2015 | 8,000 | 6,000 | 14,000 | |
Total | 104,000 | 42,000 | 36,000 | 182,000 |
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 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: quarterly issuance calendar with tenor allocations and flexibility to modify timing and amounts. Notification of a quarterly Treasury Bill auction calendar specifying weekly auction dates and issuance allocations by tenor (91 day, 182 day, 364 day) with aggregate totals, while reserving Government of India and Reserve Bank of India discretion to modify amounts and timing based on cash requirements, market conditions or intervening events; auctions are subject to the terms and conditions of the applicable General Notification governing treasury bill operations.Press 'Enter' after typing page number.