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After reviewing the cash position of the Central Government, the Government of India in consultation with the Reserve Bank of India (RBI), has decided to notify the amounts for the issuance of Treasury Bills for the Quarter ending December 2016 as under:
Notified Amount for Auction of Treasury Bills (October 1, 2016 to – December 31, 2016) (Rs. Crore) | ||||
Date of Auction | 91 Days | 182 Days | 364 Days | Total |
October05, 2016 | 8,000 | 6,000 | 14,000 | |
October 10, 2016 | 8,000 | 6,000 | 14,000 | |
October19, 2016 | 8,000 | 6,000 | 14,000 | |
October 26, 2016 | 8,000 | 6,000 | 14,000 | |
November 02,2016 | 8,000 | 6,000 | 14,000 | |
November09, 2016 | 8,000 | 6,000 | 14,000 | |
November 16, 2016 | 8,000 | 6,000 | 14,000 | |
November 23, 2016 | 8,000 | 6,000 | 14,000 | |
November 30, 2016 | 8,000 | 6,000 | 14,000 | |
December 07, 2016 | 8,000 | 6,000 | 14,000 | |
December 14, 2016 | 8,000 | 6,000 | 14,000 | |
December 21, 2016 | 8,000 | 6,000 | 14,000 | |
December28, 2016 | 8,000 | 6,000 | 14,000 | |
Total | 104,000 | 42,000 | 36,000 | 1,82,000 |
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. F4(8)-W&M/2015 dated May26, 2016 issued by the Government of India, as amended from time to time.
Treasury bill auction calendar provides scheduled issuances while permitting government/RBI flexibility to modify amounts and timing. The Government of India, with the Reserve Bank of India, announced a quarterly calendar of Treasury Bill auctions specifying recurring 91 day, 182 day and 364 day issuance tranches and aggregate notified amounts, while retaining flexibility to modify amounts and timing for cash management or market reasons; auctions are subject to the terms of General Notification No. F4(8)-W&M/2015, as amended.Press 'Enter' after typing page number.