Indicative Calendar for Auction of Government of India Treasury Bills
The Government of India, in consultation with the Reserve Bank of India, has decided to issue an indicative calendar for Treasury Bills for the fourth quarter ending March 2010. The notified amounts for the auction of the Treasury Bills for the period January 1, 2010 to March 31, 2010 are being given below:
Notified amount for auction of Treasury Bills
(for the period January 1, 2010 to March 31, 2010)
(Amount in Rs. crore)
|
Date of auction |
91-Day |
182-Day |
364-Day |
Total |
|
6-Jan-10 |
7,000 |
1,500 |
|
8,500 |
|
13-Jan-10 |
7,000 |
|
1,000 |
8,000 |
|
20-Jan-10 |
7,000 |
1,500 |
|
8,500 |
|
27-Jan-10 |
7,000 |
|
1,000 |
8,000 |
|
3-Feb-10 |
7,000 |
1,500 |
|
8,500 |
|
10-Feb-10 |
5,000 |
|
3,000 |
8,000 |
|
17-Feb-10 |
5,000 |
1,500 |
|
6,500 |
|
24-Feb-10 |
5,000 |
|
3,000 |
8,000 |
|
3-Mar-10 |
4,500 |
1,500 |
|
6,000 |
|
10-Mar-10 |
5,000 |
|
3,000 |
8,000 |
|
17-Mar-10 |
5,000 |
3,000 |
|
8,000 |
|
23-Mar-10 |
5,000 |
|
3,000 |
8,000 |
|
31-Mar-10 |
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 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 2(12)-W&M/97, dated March 31, 1998 issued by the Government of India, as amended from time to time.
