Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press Information Bureau
Government of India
Ministry of Finance
18-March-2016 19:13 IST
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 June 2016 as under:
Notified Amount for Auction of Treasury Bills (April 1, 2016 to –June 30, 2016) (Rs. Crore) | ||||
Date of Auction | 91 Days | 182 Days | 364 Days | Total |
06 April, 2016 | 9,000 | 6,000 |
| 15,000 |
12 April, 2016 | 9,000 | 6,000 | 15,000 | |
20 April, 2016 | 9,000 | 6,000 |
| 15,000 |
27 April, 2016 | 9,000 | 6,000 | 15,000 | |
04 May, 2016 | 9,000 | 6,000 |
| 15,000 |
11 May, 2016 | 9,000 | 6,000 | 15,000 | |
18 May, 2016 | 9,000 | 6,000 |
| 15,000 |
25 May, 2016 | 9,000 | 6,000 | 15,000 | |
01 June, 2016 | 9,000 | 6,000 |
| 15,000 |
08 June, 2016 | 9,000 | 6,000 | 15,000 | |
15 June, 2016 | 9,000 | 6,000 |
| 15,000 |
22 June, 2016 | 9,000 | 6,000 | 15,000 | |
29 June, 2016 | 9,000 | 6,000 |
| 15,000 |
Total | 1,17,000 | 42,000 | 36,000 | 1,95,000 |
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, 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.
*********
DSM
Issuance calendar for treasury bill auctions notifies periodic auction amounts and preserves government flexibility to modify the schedule. Notification establishes a quarterly auction calendar for 91 day, 182 day and 364 day Treasury Bills for April-June 2016 with specified recurring weekly auction dates and aggregate issuance totals. The Government of India, in consultation with the Reserve Bank of India, retains flexibility to modify notified amounts and timing based on financing requirements, market conditions or intervening holidays; changes will be communicated by press release. Auctions are subject to the terms and conditions of General Notification No. F2(12)-W&M/97, as amended.Press 'Enter' after typing page number.