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After reviewing its cash position, 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 March 2023 as under:
Notified Amount for Auction of Treasury Bills (January 01, 2023-March 31, 2023) | |||||
Date of Auction | Date of Issue | 91 DAYS | 182 DAYS | 364 DAYS | Total (₹ in crore) |
04-Jan -2023 | 05-Jan-2023 | 7,000 | 13,000 | 10,000 | 30,000 |
11-Jan -2023 | 12-Jan-2023 | 7,000 | 13,000 | 10,000 | 30,000 |
18-Jan -2023 | 19-Jan-2023 | 7,000 | 13,000 | 10,000 | 30,000 |
25-Jan -2023 | 27-Jan-2023 | 7,000 | 12,000 | 10,000 | 29,000 |
01- Feb-2023 | 02-Feb-2023 | 7,000 | 12,000 | 10,000 | 29,000 |
08-Feb-2023 | 09-Feb-2023 | 7,000 | 12,000 | 10,000 | 29,000 |
15-Feb-2023 | 16-Feb-2023 | 7,000 | 12,000 | 10,000 | 29,000 |
22-Feb-2023 | 23-Feb-2023 | 7,000 | 12,000 | 10,000 | 29,000 |
01-Mar-2023 | 02-Mar-2023 | 7,000 | 12,000 | 10,000 | 29,000 |
08-Mar-2023 | 09-Mar-2023 | 7,000 | 12,000 | 10,000 | 29,000 |
15-Mar-2023 | 16-Mar-2023 | 7,000 | 12,000 | 10,000 | 29,000 |
23-Mar-2023 | 24-Mar-2023 | 7,000 | 12,000 | 10,000 | 29,000 |
29-Mar-2023 | 31-Mar-2023 | 7,000 | 12,000 | 10,000 | 29,000 |
Total |
| 91,000 | 1,59,000 | 1,30,000 | 3,80,000
|
The Government of India, in consultation with the Reserve Bank of India, will 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.No.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 announced with flexibility to modify timing and amounts in response to cash needs and markets. Notification sets the quarterly auction calendar and allocations for 91 day, 182 day and 364 day Treasury Bills for Jan-Mar 2023, with aggregate quarterly totals; it provides that the Government, in consultation with the Reserve Bank of India, may modify amounts or auction timing in response to cash requirements and market conditions after giving due notice, and that auctions are subject to the terms and conditions of General Notification No. F.No.4(2)-W&M/2018 (as amended).Press 'Enter' after typing page number.