After reviewing the cash position of the Government of India, the Government of India, in consultation with the Reserve Bank of India has decided to notify the amounts for the issuance of Treasury Bills for the quarter ending September 2016 as under:

Notified Amount for Auction of Treasury Bills  (July 01, 2016 to September 30, 2016) (Rs. in Crore)
Date ofAuction	91 Days	182 Days	364 Days	Total
05-July-2016	9,000		6,000	15,000
13-July-2016	9,000	6,000		15,000
20-July-2016	9,000		6,000	15,000
27-July-2016	9,000	6,000		15,000
03-August-2016	9,000		6,000	15,000
10-August-2016	9,000	6,000		15,000
16-August-2016	8,000		6,000	14,000
24-August-2016	8,000	6,000		14,000
31-August-2016	8,000		6,000	14,000
07-September-2016	8,000	6,000		14,000
14-September-2016	8,000		5,000	13,000
21-September-2016	8,000	5,000		13,000
28-September-2016	8,000		5,000	13,000
Total	1,10,000	35,000	40,000	1,85,000

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 will be subject to change, if circumstances so warrant, including for reasons, such as, intervening holidays. Such changes, if any, will be communicated through 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 schedule set for the quarter; amounts and auction timing remain flexible and subject to notification terms. Notification sets an auction calendar and notified amounts for Treasury Bills for the quarter, with specified weekly auction dates and tenors; the Government and Reserve Bank retain flexibility to modify amounts and timing due to cash requirements, market conditions or intervening factors, and any changes will be communicated by press release, while auctions remain subject to the terms of the applicable General Notification.