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    Case ID :

    Issuance of Calendar for Auction of Government of India Treasury Bills (For the Quarter ending June 2016)

    March 19, 2016

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    Press Information Bureau

    Government of India

    Ministry of Finance

    18-March-2016 19:13 IST

    After reviewing the cash position, the Government of India, in consultation with Reserve Bank of India (RBI), has decided to notify the amounts for the issuance of Treasury Bills for the quarter ending June 2016 as under:

    Notified Amount for Auction of Treasury Bills

    (April 1, 2016 to –June 30, 2016)

     (Rs. Crore)

    Date of Auction

    91 Days

    182 Days

    364 Days

    Total

    06 April, 2016

    9,000

    6,000

     

    15,000

    12 April, 2016

    9,000

     

    6,000

    15,000

    20 April, 2016

    9,000

    6,000

     

    15,000

    27 April, 2016

    9,000

     

    6,000

    15,000

    04 May, 2016

    9,000

    6,000

     

    15,000

    11 May, 2016

    9,000

     

    6,000

    15,000

    18 May, 2016

    9,000

    6,000

     

    15,000

    25 May, 2016

    9,000

     

    6,000

    15,000

    01 June, 2016

    9,000

    6,000

     

    15,000

    08 June, 2016

    9,000

     

    6,000

    15,000

    15 June, 2016

    9,000

    6,000

     

    15,000

    22 June, 2016

    9,000

     

    6,000

    15,000

    29 June, 2016

    9,000

    6,000

     

    15,000

    Total

    1,17,000

    42,000

    36,000

    1,95,000

    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, 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.

    *********

    DSM

    Topics

    ActsIncome Tax