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        Case ID :

        Calendar for Auction of Government of India Treasury Bills (For The Quarter Ending December 2015) Issued

        September 29, 2015

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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.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                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.





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                                ActsIncome Tax
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