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).