After reviewing the cash position of the Central Government, the Government of India, in consultation with Reserve Bank of India, has revised the amounts for the issuance of Treasury Bills for the remaining period of quarter ending March 2020 as under:

Notified amount for Auction of T-Bills

(18 March 2020 – 31 March 2020)       

(Rs. crore)

Date of Auction	Issue Date	91 Days	182 Days	364 Days	Total
18-03-2020	19-03-2020	5,000	10,000	10,000	25,000
24-03-2020	26-03-2020	5,000	10,000	10,000	25,000
30-03-2020	31-03-2020	5,000	10,000	10,000	25,000
Total		15,000	30,000	30,000	75,000

The Government of India in consultation with 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, 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 press releases.

The auction of Treasury Bills will be subject to the terms and conditions specified in the General Notification No. F.4(2)-W&M/2018 dated March 27, 2018 issued by the Government of India, as amended from time to time.

Treasury bill issuance schedule revised; auction amounts and timing set but may be modified with notice. Revised calendar and notified amounts for Treasury Bill auctions set auction and issue dates with specified allotments across maturities and apply the terms of the General Notification governing Treasury Bill issuances. The Government, with the Reserve Bank of India, retains flexibility to modify notified amounts and timing in light of cash requirements and market conditions, subject to due notice and press release communication, and auctions remain governed by the General Notification and its amendments.