After review of the cash position, Government of India, in consultation with the Reserve Bank of India, has revised the auction calendar for the issuance of Treasury Bills for the remaining part of Q4 of 2015-16 as under:

Notified Amount for Auction of Treasury Bills (During February 3, 2016 to – March 31, 2016)  (Rs. Crore)
Date of Auction	91 Days	182 Days	364 Days	Total
February 03, 2016	8,000		6,000	14,000
February 10, 2016	8,000	6,000		14,000
February 17, 2016	8,000		6,000	14,000
February 24, 2016	8,000	6,000		14,000
March 02, 2016	8,000		6,000	14,000
March 09, 2016	8,000	6,000		14,000
March 16, 2016	8,000		6,000	14,000
March 23, 2016	8,000	6,000		14,000
March 30, 2016	8,000		6,000	14,000
Total	72,000	24,000	30,000	126,000

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 calendar revised; notified issuance schedule set, with flexibility to modify timing and amounts as needed. The notice provides a revised Treasury Bill auction calendar specifying weekly auctions for 91 day, 182 day and 364 day tenors with notified distributions and quarter totals, and states that the Government of India, in consultation with the Reserve Bank of India, may modify notified amounts and timing as required by market conditions or government needs; changes will be announced by press release and auctions are subject to the prevailing General Notification governing Treasury Bill issuance.