Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 2 2016 2016 (2) This

Calendar for Auction of Government of India Treasury Bills (for the Quarter ending March 2016)

1-2-2016
  • Contents

After review of the cash position, Government of India, in consultation with the Reserve Bank of India, has revised the auction calendar for the issuance of Treasury Bills for the remaining part of Q4 of 2015-16 as under:

Notified Amount for Auction of Treasury Bills

(During February 3, 2016 to – March 31, 2016)

 (Rs. Crore)

Date of Auction

91 Days

182 Days

364 Days

Total

February 03, 2016

8,000

 

6,000

14,000

February 10, 2016

8,000

6,000

 

14,000

February 17, 2016

8,000

 

6,000

14,000

February 24, 2016

8,000

6,000

 

14,000

March 02, 2016

8,000

 

6,000

14,000

March 09, 2016

8,000

6,000

 

14,000

March 16, 2016

8,000

 

6,000

14,000

March 23, 2016

8,000

6,000

 

14,000

March 30, 2016

8,000

 

6,000

14,000

Total

72,000

24,000

30,000

126,000

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 depending upon the requirements of the Government of India, evolving market conditions and other relevant factors. 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 regular press releases. 

The auction of Treasury Bills will be subject to the terms and conditions specified in the General Notification No. F2(12)-W&M/97 dated March 31, 1998 issued by the Government of India, as amended from time to time.

Quick Updates:Latest Updates