The Government of India in consultation with Reserve Bank of India, after reviewing the cash position of the Government of India, has decided to notify amounts for the issuance of treasury bills for the quarter ending September 2014 as under:
Proposed Auctions of T-Bills during July-September, 2014 | | | | |
(Billion) | | | | |
Date of Auction | 91 days | 182 days | 364 days | Total | | | | |
Jul-02-2014 | 90 | 60 | | 150 | | | | |
Jul-09-2014 | 90 | | 60 | 150 | | | | |
Jul-16-2014 | 90 | 60 | | 150 | | | | |
Jul-23-2014 | 90 | | 60 | 150 | | | | |
Jul-30-2014 | 90 | 60 | | 150 | | | | |
Aug-06-2014 | 90 | | 60 | 150 | | | | |
Aug-13-2014 | 90 | 60 | | 150 | | | | |
Aug-20-2014 | 90 | | 60 | 150 | | | | |
Aug-27-2014 | 90 | 60 | | 150 | | | | |
03 Sept. 2014 | 80 | | 60 | 140 | | | | |
10 Sept. 2014 | 80 | 60 | | 140 | | | | |
17 Sept. 2014 | 80 | | 60 | 140 | | | | |
24 Sept. 2014 | 80 | 60 | | 140 | | | | |
Total | 1,130 | 420 | 360 | 1,910 | | | | |
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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 auctions of treasury bills will be subject to the terms and conditions specified in the general notification dated Mar. 31, 1998 issued by the Government of India, as amended from time to time.