After reviewing the cash position of the Government of India, 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 March 2017 as under:

Notified Amount for Auction of Treasury Bills (January 1, 2017 to – March 31, 2017)  (Rs. Crore)
Date of Auction	Date of Issue	91 Days	182 Days	364 Days	Total
January 04, 2017	January 05, 2017	6,000		4,000	10,000
January 11, 2017	January 12, 2017	6,000	4,000		10,000
January 18, 2017	January 19, 2017	6,000		4,000	10,000
January 25, 2017	January 27, 2017	6,000	4,000		10,000
February 01, 2017	February 02, 2017	6,000		4,000	10,000
February 08, 2017	February 09, 2017	6,000	4,000		10,000
February 15, 2017	February 16, 2017	6,000		4,000	10,000
February 22, 2017	February 23, 2017	6,000	4,000		10,000
March 01, 2017	March 02, 2017	6,000		4,000	10,000
March 08, 2017	March 09, 2017	6,000	4,000		10,000
March 15, 2017	March 16, 2017	6,000		4,000	10,000
March 22, 2017	March 23, 2017	6,000	4,000		10,000
March 29, 2017	March 30, 2017	6,000		4,000	10,000
Total		78,000	24,000	28,000	130,000

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 May 26, 2016 issued by the Government of India, as amended from time to time.

Treasury bill issuance schedule: government retains flexibility to modify auction amounts and timing, with changes announced publicly. Notification sets the quarterly auction schedule for Treasury Bills, specifying regular auction and issue dates and denomination categories, with aggregate allotments for the quarter. The Government of India, in consultation with the Reserve Bank of India, retains flexibility to modify the notified amounts and timing based on cash requirements, market conditions or intervening events, and any changes will be announced by press release; auctions are subject to the terms of the referenced General Notification.