Auction
March 18, 2020 at 1:53 am | Latest Business News

Calendar for auction of Government of India treasury bills

New Delhi: After reviewing the cash position of the Central Government, the Government of India, in consultation with Reserve Bank of India, has revised the amounts for the issuance of Treasury Bills for the remaining period of the quarter ending March 2020 as under:

Notified amount for Auction of T-Bills

(18 March 2020 – 31 March 2020)        

(`crore)

Date of Auction Issue Date 91 Days 182 Days 364 Days Total
18-03-2020 19-03-2020 5,000 10,000 10,000 25,000
24-03-2020 26-03-2020 5,000 10,000 10,000 25,000
30-03-2020 31-03-2020 5,000 10,000 10,000 25,000
Total   15,000 30,000 30,000 75,000

The Government of India in consultation with Reserve Bank of India will continue to 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.4(2)-W&M/2018 dated March 27, 2018 issued by the Government of India, as amended from time to time.

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