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 2022 2022 (2) This

Revised Calendar for Auction of Government of India Treasury Bills

26-2-2022
  • Contents

Revised Calendar for Auction of Government of India Treasury Bills

(For the remaining part of Q4 of 2021-22)

After reviewing the cash position of the Central Government, the Government of India, in consultation with Reserve Bank of India, has decided to modify the amounts for the issuance of Treasury Bills in the remaining part of Quarter 4 of 2021-22 as given below:

Notified Amount for Auction of Treasury Bills

(March 02, 2022 to – March 31, 2022)

(Rs Crore)

Date of Auction

91 Days

182 Days

364 Days

Total

March 02, 2022

7,000

15,000

16,000

38,000

March 09, 2022

7,000

15,000

15,000

37,000

March 16, 2022

7,000

15,000

15,000

37,000

March 23, 2022

7,000

15,000

15,000

37,000

March 30, 2022

7,000

15,000

15,000

37,000

Total

35,000

75,000

76,000

1,86,000

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 regular 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.

Quick Updates:Latest Updates