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After reviewing the cash position, the Government of India, in consultation with Reserve Bank of India, has decided to notify the amounts for the issuance of Treasury Bills for the quarter ending June 2017 as under:
Notified Amount for Auction of Treasury Bills
(April 1, 2017 to June 30, 2017)
(Rs Crore)
Date of Auction | 91 Days | 182 Days | 364 Days | Total |
05 April, 2017 | 8,000 | 6,000 |
| 14,000 |
12 April, 2017 | 8,000 | 6,000 | 14,000 | |
19 April, 2017 | 8,000 | 6,000 |
| 14,000 |
26 April, 2017 | 8,000 | 6,000 | 14,000 | |
03 May, 2017 | 8,000 | 6,000 |
| 14,000 |
09 May, 2017 | 8,000 | 6,000 | 14,000 | |
17 May, 2017 | 8,000 | 6,000 |
| 14,000 |
24 May, 2017 | 8,000 | 6,000 | 14,000 | |
31 May, 2017 | 8,000 | 6,000 |
| 14,000 |
07 June, 2017 | 8,000 | 6,000 | 14,000 | |
14 June, 2017 | 8,000 | 6,000 |
| 14,000 |
21 June, 2017 | 8,000 | 6,000 | 14,000 | |
28 June, 2017 | 8,000 | 6,000 |
| 14,000 |
Total | 104,000 | 42,000 | 36,000 | 182,000 |
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. F4(8)-W&M/2015 dated May 26, 2016 issued by the Government of India, as amended from time to time.
Treasury bill auction schedule notified for the quarter; dates and amounts may be modified and are subject to notification terms. Notification of a quarterly Treasury Bills auction calendar sets specific weekly auction dates and prescribed issuance tranches across the 91 day, 182 day and 364 day tenors, with aggregate totals for the quarter, while preserving Government discretion to modify amounts or timing in response to cash management needs and market conditions; auctions are governed by the applicable General Notification and changes will be communicated by press release.Press 'Enter' after typing page number.