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Calendar for auction of Government of India Treasury Bills

Calendar for auction of Government of India Treasury Bills

On a review of the cash position of the Government of India, the Government of India in consultation with the Reserve Bank of India has decided to modify the notified amounts for the issuance of Treasury Bills for the third quarter ending December 2009. The notified amounts for the auction of the T-Bills for the period October 1, 2009 to December 31, 2009 are being given below.

Notified amount for auction of Treasury Bills
(for the period October 1, 2009 to December 31, 2009)

                                                   Amount in Rs. crore

Date of Auction

91

DTB

182 DTB

364 DTB

Total

7-Oct-09

7,000

 

2,000

9,000

14-Oct-09

7,000

2,000

 

9,000

21-Oct-09

7,000

 

2,000

9,000

28-Oct-09

7,000

2,000

 

9,000

4-Nov-09

7,000

 

2,000

9,000

11-Nov-09

5,000

2,000

 

7,000

18-Nov-09

5,000

 

2,000

7,000

25-Nov-09

5,000

2,000

 

7,000

2-Dec-09

4,500

 

1,000

5,500

9-Dec-09

5,000

1,000

 

6,000

16-Dec-09

5,000

 

1,000

6,000

23-Dec-09

5,000

1,000

 

6,000

30-Dec-09

2,000

 

1,000

3,000

                                           

    It may be recalled that in the Calendar for Issuance of Treasury Bills released through the Government of India Press Communiqué dated March 31, 2009, it was announced that the rollover of maturing Treasury Bills from the second quarter onwards, i.e., from July 1, 2009 onwards would be decided by the Government of India in consultation with the Reserve Bank of India.

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 keeping in view the emerging requirements of the Government, market conditions and other relevant factors. The calendar is thus 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.

The auction of Treasury bills will be subject to the terms and conditions specified in the General Notification No. F 2(12)-W&M/97, dated March 31, 1998 issued by the Government of India, as amended from time to time.

 



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