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 3 2017 2017 (3) This

Calendar for Auction of Government of India Treasury Bills for the Quarter ending June 2017 released

29-3-2017
  • Contents

After reviewing the cash position, the Government of India, in consultation with Reserve Bank of India, has decided to notify the amounts for the issuance of Treasury Bills for the quarter ending June 2017 as under:

Notified Amount for Auction of Treasury Bills

(April 1, 2017 to June 30, 2017)

(Rs Crore)

Date of Auction

91 Days

182 Days

364 Days

Total

05 April, 2017

8,000

6,000

 

14,000

12 April, 2017

8,000

 

6,000

14,000

19 April, 2017

8,000

6,000

 

14,000

26 April, 2017

8,000

 

6,000

14,000

03 May, 2017

8,000

6,000

 

14,000

09 May, 2017

8,000

 

6,000

14,000

17 May, 2017

8,000

6,000

 

14,000

24 May, 2017

8,000

 

6,000

14,000

31 May, 2017

8,000

6,000

 

14,000

07 June, 2017

8,000

 

6,000

14,000

14 June, 2017

8,000

6,000

 

14,000

21 June, 2017

8,000

 

6,000

14,000

28 June, 2017

8,000

6,000

 

14,000

Total

104,000

42,000

36,000

182,000

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. F4(8)-W&M/2015 dated May 26, 2016 issued by the Government of India, as amended from time to time.

Quick Updates:Latest Updates