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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, has decided to notify the amounts for the issuance of Treasury Bills for the quarter ending June 2018 as under:
Notified Amount for Auction of Treasury Bills
(April 1, 2018 to June 30, 2018)
(Rs. Crore)
Date of Auction | 91 Days | 182 Days | 364 Days | Total |
04 April, 2018 | 7,000 | 4,000 | 4,000 | 15,000 |
11 April, 2018 | 7,000 | 4,000 | 4,000 | 15,000 |
18 April, 2018 | 7,000 | 4,000 | 4,000 | 15,000 |
25 April, 2018 | 7,000 | 4,000 | 4,000 | 15,000 |
02 May, 2018 | 7,000 | 4,000 | 4,000 | 15,000 |
09 May, 2018 | 7,000 | 4,000 | 4,000 | 15,000 |
16 May, 2018 | 7,000 | 4,000 | 4,000 | 15,000 |
23 May, 2018 | 7,000 | 4,000 | 4,000 | 15,000 |
30 May, 2018 | 7,000 | 4,000 | 4,000 | 15,000 |
06 June, 2018 | 7,000 | 4,000 | 4,000 | 15,000 |
13 June, 2018 | 7,000 | 4,000 | 4,000 | 15,000 |
20 June, 2018 | 7,000 | 4,000 | 4,000 | 15,000 |
27 June, 2018 | 7,000 | 4,000 | 4,000 | 15,000 |
Total | 91,000 | 52,000 | 52,000 | 1,95,000 |
The Reserve Bank of India, in consultation with the Government 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, after giving due notice to the market. 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. F.4(8)-W&M/2015 dated May 26, 2016 issued by the Government of India, as amended from time to time.
Treasury bill issuance schedule announced for the quarter, setting auction dates and amounts, subject to modification. Notification sets the Treasury Bill auction calendar and aggregate notified issuance amounts by tenor for the quarter ending June 2018, with weekly auction dates for 91 day, 182 day and 364 day bills. The Reserve Bank of India, in consultation with the Government of India, may modify amounts or timing based on cash requirements and market conditions after giving due notice, and auctions are governed by General Notification No. F.4(8)-W&M/2015, as amended.Press 'Enter' after typing page number.