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Home News News and Press Release Month 12 2011 2011 (12) This

Calendar for Auction of Government of India Treasury Bills for the Quarter Ending March 2012 .

30-12-2011
  • Contents

Press Information Bureau
Government of India
Ministry of Finance

30-December-2011 19:10 IST

Calendar for Auction of Government of India Treasury Bills for the Quarter Ending March 2012

                                                                                                                          

The Government of India in consultation with the Reserve Bank of India, after reviewing the cash position of the Government for 2011-12 and the cash requirements for the first five weeks of 2012-13 (factoring in redemptions of dated securities to the extent of Rs.59,000 crore), has decided to notify the amounts for the issuance of Treasury Bills for the quarter ending March 31, 2012  as under:

 

Proposed Auction of T-Bills during Jan-March 2012

 (Rs. Crore)

Date of Auction

91 Days

182 Days

364 Days

Total

4-Jan-12

6,000

4,000

 

10,000

11-Jan-12

6,000

 

4,000

10,000

18-Jan-12

6,000

4,000

 

10,000

25-Jan-12

6,000

 

4,000

10,000

1-Feb-12

9,000

4,000

 

13,000

8-Feb-12

9,000

 

4,000

13,000

15-Feb-12

9,000

4,000

 

13,000

22-Feb-12

9,000

 

4,000

13,000

29-Feb-12

8,000

4,000

 

12,000

7-Mar-12

8,000

 

4,000

12,000

14-Mar-12

8,000

4,000

 

12,000

21-Mar-12

8,000

 

4,000

12,000

28-Mar-12

8,000

4,000

 

12,000

Total

1,00,000

28,000

24,000

1,52,000

The Reserve Bank of India/ Government 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/GN

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