Calendar for Auction of Government of India Treasury Bills

(For the Quarter ending September 2020)

After reviewing the cash position of the Union Government, 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 September 2020 as under:

Notified Amount for Auction of Treasury Bills

(July 1, 2020 to – September 30, 2020)

 (Rs. Crore)

Date of Auction	Date of Issue	91 Days	182 Days	364 Days	Total
July 01, 2020	July 02, 2020	12,000	13,000	10,000	35,000
July 08, 2020	July 09, 2020	12,000	13,000	10,000	35,000
July 15, 2020	July 16, 2020	12,000	13;000	10,000	35,000
July 22, 2020	July 23, 2020	12,000	13,000	10,000	35,000
July 29, 2020	July 30, 2020	12,000	13,000	10,000	35,000
August 05, 2020	August 06, 2020	12,000	13,000	10,000	35,000
August 12, 2020	August 13, 2020	12,000	13,000	10,000	35,000
August 19, 2020	August 20, 2020	12,000	13,000	10,000	35,000
August 26, 2020	August 27, 2020	12,000	13,000	10,000	35,000
Sept. 02, 2020	Sept. 03, 2020	12,000	13,000	10,000	35,000
Sept. 09, 2020	Sept. 10, 2020	12,000	13,000	10,000	35,000
Sept. 16, 2020	Sept. 17, 2020	12,000	13,000	10,000	35,000
Sept. 23, 2020	Sept. 24, 2020	12,000	13,000	10,000	35,000
Total		1,56,000	1,69,000	1,30,000	4,55,000

2.     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.

3. 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 auction schedule notified with flexibility to modify timing and notified amounts under applicable general notification. The quarterly Treasury Bill auction calendar prescribes weekly auction and issue dates with notified issuance amounts for 91 day, 182 day and 364 day tenors and aggregated quarterly totals. The Government may modify notified amounts and auction timing based on cash management needs, market conditions and other relevant factors; changes will be communicated by press release. All auctions are subject to the terms and conditions of the General Notification F.4(2)-W&M/2018, as amended.