The Government of India, in consultation with Reserve Bank of India, hereby, releases the calendar for the issuance of Treasury Bills for the quarter ending December 2025 as under:
Notified Amount for Auction of Treasury Bills (October-December 2025) (₹ crore) |
Date of Auction | Date of Issue | 91 DAYS | 182 DAYS | 364 DAYS | Total |
October 01, 2025 | October 03, 2025 | 7,000 | 6,000 | 6,000 | 19,000 |
October 08, 2025 | October 09, 2025 | 7,000 | 6,000 | 6,000 | 19,000 |
October 15, 2025 | October 16, 2025 | 7,000 | 6,000 | 6,000 | 19,000 |
October 23, 2025 | October 24, 2025 | 7,000 | 6,000 | 6,000 | 19,000 |
October 29, 2025 | October 30, 2025 | 7,000 | 6,000 | 6,000 | 19,000 |
November 06, 2025 | November 07, 2025 | 7,000 | 6,000 | 6,000 | 19,000 |
November 12, 2025 | November 13, 2025 | 7,000 | 6,000 | 6,000 | 19,000 |
November 19, 2025 | November 20, 2025 | 7,000 | 6,000 | 6,000 | 19,000 |
November 26, 2025 | November 27, 2025 | 7,000 | 6,000 | 6,000 | 19,000 |
December 03, 2025 | December 04, 2025 | 7,000 | 6,000 | 6,000 | 19,000 |
December 10, 2025 | December 11, 2025 | 7,000 | 6,000 | 6,000 | 19,000 |
December 17, 2025 | December 18, 2025 | 7,000 | 6,000 | 6,000 | 19,000 |
December 24, 2025 | December 26, 2025 | 7,000 | 6,000 | 6,000 | 19,000 |
| Total | 91,000 | 78,000 | 78,000 | 2,47,000 |
The Government of India, in consultation with Reserve Bank of India, will have the flexibility to modify the indicated amount and timing for auction of Treasury Bills depending upon the requirements, 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)-B(W&M)/2018 dated March 26, 2025 issued by the Government of India, as amended from time to time.
Treasury bill auction schedule set for the quarter, with specified tenors and amounts and flexibility to modify timing. Sets the Treasury Bill auction schedule for the quarter ending December 2025 with specified auction and issue dates and notified amounts for 91 day, 182 day and 364 day tenors, aggregating to stated quarterly totals; preserves Government and Reserve Bank flexibility to modify amounts and timing in response to requirements or market conditions, with changes to be communicated by press release, and makes auctions subject to the terms of the referenced General Notification as amended.
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