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Issuance Calendar for Marketable Dated Securities for April-September 2024

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..... Issuance Calendar for Marketable Dated Securities for April-September 2024 - News and Press Release Dated:- 27-3-2024 - News - Issuance Calendar for Marketable Dated Securities for April-September 2024 - - - Dated:- 27-3-2024 - In order to enable institutional and retail investors to plan their investments efficiently and provide transparency and stability to the Government Securities market, Government of India, in consultation with the Reserve Bank of India, hereby notifies the indicative calendar for issuance of Government dated securities including Sovereign Green Bonds (SGrB) for the first half of the fiscal year 2024-25 (April 01, 2024 to September 30, 2024). Based on market feedback and in line with global market practices, it has b .....

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..... een decided to introduce a new dated security of 15-year tenor. The issuance calendar is as under: Calendar for Issuance of Government of India Dated Securities (April 01, 2024 to September 30, 2024) S.No. Auction Week Amount in (₹crore) Security-wise allocation 1 April 01-April 05, 2024 38,000 (i) 3 year security-₹ 6,000 crore (ii) 10 year security-₹ 20,000 crore (iii) 40 year security-₹ 12,000 crore 2 April 08-April 12, 2024 30,000 (i) 7 year security-₹ 11,000 crore (ii) 15 year security-₹ 10,000 crore (iii) 30 year security-₹ 9,000 crore 3 April 15-April 19, 2024 24,000 (i) 5 year security-₹ 12,000 crore (ii) 40 year security-₹ 12,000 crore 4 April 22-April 26, 2024 32,000 (i) 10 year .....

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..... security-₹ 20,000 crore (ii) 50 year security-₹ 12,000 crore 5 April 29-May 03, 2024 28,000 (i) 3 year security-₹ 6,000 crore (ii) 15 year security-₹ 10,000 crore (iii) 40 year security-₹ 12,000 crore 6 May 06-May 10, 2024 20,000 (i) 7 year security-₹ 11,000 crore (ii) 30 year security-₹ 9,000 crore 7 May 13-May 17, 2024 31,000 (i) 10 year security-₹ 20,000 crore (ii) 40 year security-₹ 11,000 crore 8 May 20-May 24, 2024 29,000 (i) 3 year security-₹ 6,000 crore (ii) 15 year security-₹ 12,000 crore (iii) 50 year security-₹ 11,000 crore 9 May 27-May 31, 2024 29,000 (i) 5 year security-₹ 12,000 crore (ii) 10 year SGrB-₹ 6,000 crore (iii) 40 year security- S .....

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..... 77;11,000 crore 10 June 03-June 07, 2024 29,000 (i) 10 year security-₹ 20,000 crore (ii) 30 year security-₹ 9,000 crore 11 June 10-June 14, 2024 34,000 (i) 7 year security-₹ 11,000 crore (ii) 15 year security- ₹12,000 crore (iiI) 40 year security-₹ 11,000 crore 12 June 17-June 21, 2024 23,000 (i) 5 year security-₹ 12,000 crore (ii) 50 year security-₹ 11,000 crore 13 June 24-June 28, 2024 31,000 (i) 10 year security-₹ 20,000 crore (ii) 40 year security-₹ 11,000 crore 14 July 01-July 05, 2024 28,000 (i) 3 year security-₹ 6,000 crore (ii) 15 year security-₹ 12,000 crore (iii) 30 year security-₹ 10,000 crore 15 July 08-July 12, 2024 22,000 (i) 7 year security-₹ 11,000 .....

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..... crore (ii) 40 year security-₹ 11,000 crore 16 July 15-July 19, 2024 31,000 (i) 10 year security-₹ 20,000 crore (ii) 50 year security-₹ 11,000 crore 17 July 22-July 26, 2024 35,000 (i) 5 year security-₹ 12,000 crore (ii) 15 year security- ₹ 12,000 crore (iiI) 40 year security-₹ 11,000 crore 18 July 29-August 02, 2024 22,000 (i) 3 year security-₹ 6,000 crore (ii) 10 year SGrB-₹ 6,000 crore (iii) 30 year security-₹ 10,000 crore 19 August 05-August 09, 2024 31,000 (i) 10 year security-₹ 20,000 crore (ii) 40 year security-₹ 11,000 crore 20 August 12-August 16, 2024 34,000 (i) 7 year security-₹ 11,000 crore (ii) 15 year security-₹ 12,000 crore (iii) 50 year security-&# .....

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..... 8377; 11,000 crore 21 August 19-August 23, 2024 23,000 (i) 5 year security-₹ 12,000 crore (ii) 40 year security-₹ 11,000 crore 22 August 26-August 30, 2024 30,000 (i) 10 year security-₹ 20,000 crore (ii) 30 year security-₹ 10,000 crore 23 September 02-September 06, 2024 29,000 (i) 3 year security-₹ 6,000 crore (ii) 15 year security-₹ 12,000 crore (iii) 40 year security-₹ 11,000 crore 24 September 09-September 13, 2024 22,000 (i) 7 year security-₹ 11,000 crore (ii) 50 year security-₹ 11,000 crore 25 September 16-September 20, 2024 31,000 (i) 10 year security-₹ 20,000 crore (ii) 40 year security-₹ 11,000 crore 26 September 23-September 27, 2024 34,000 (i) 5 year security-₹ .....

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..... ; 12,000 crore (ii) 15 year security-₹ 12,000 crore (iii) 30 year security-₹ 10,000 crore Total 7,50,000 As hitherto, all the auctions covered by the calendar will have the facility of non-competitive bidding scheme under which five per cent of the notified amount will be reserved for the specified retail investors. Like in the past, the Government of India, in consultation with the Reserve Bank of India, will continue to have the flexibility to bring about modifications in the above calendar in terms of notified amount, issuance period, maturities, etc. and to issue different types of instruments, including instruments having non-standard maturity, floating rate bonds (FRBs), inflation indexed bonds (IIBs), depending upon the r .....

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..... equirement of the Government of India, evolving market conditions and other relevant factors, after giving due notice to the market. The calendar is subject to change, if circumstances so warrant, including for reasons such as intervening holidays. Such changes shall be communicated through Press Releases. The Government of India, in consultation with the Reserve Bank of India, reserves the right to exercise the greenshoe option to retain additional subscription up to ₹2,000 crore against each of the securities indicated in the auction notifications. The Reserve Bank of India will also be conducting switches of dated securities through auction on the third Monday of every month or at more frequent intervals. In case the third Monday i .....

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..... s a holiday, switch auction will be conducted on the fourth Monday of the month. The auction of dated securities 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. - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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