To enable institutional and retail investors plan their investments efficiently and provide transparency and stability to the Government securities market, an indicative calendar for issuance of Government dated securities for the second half of the fiscal year 2018-19 (October 01, 2018 to March 31, 2019) has been prepared in consultation with the Reserve Bank of India. The issuance calendar is as under:
Calendar for Issuance of Government of India Dated Securities
(October 01, 2018 to March 31, 2019)
|
Sr. No.
|
Week of Auction
|
Amount in
(Rs. Crore)
|
Security-wise allocation
|
1
|
October 01-05, 2018
|
11,000
|
i) 01-04 Years for ₹ 2,000 crore
|
ii) 05-09 Years for ₹ 2,000 crore
|
iii) 10-14 Years for ₹ 3,000 crore
|
iv) 15-19 Years for ₹ 1,000 crore
|
v) 20 Years & above for ₹ 3,000 crore
|
2
|
October 08-12, 2018
|
11,000
|
i) 05-09 Years for ₹ 3,000 crore
|
ii) 10-14 Years for ₹ 3,000 crore
|
iii) 15-19 Years for ₹ 2,000 crore
|
iv) 20 Years & above for ₹ 3,000 crore
|
3
|
October 15-19, 2018
|
11,000
|
i) 01-04 Years for ₹ 2,000 crore
|
ii) 05-09 Years for ₹ 2,000 crore
|
iii) 10-14 Years for ₹ 3,000 crore
|
iv) 15-19 Years for ₹ 1,000 crore
|
v) 20 Years & above for ₹ 3,000 crore
|
4
|
October 22-26, 2018
|
11,000
|
i) 05-09 Years for ₹ 3,000 crore
|
ii) 10-14 Years for ₹ 3,000 crore
|
iii) 15-19 Years for ₹ 2,000 crore
|
iv) 20 Years & above for ₹ 3,000 crore
|
5
|
October 29-
November 02, 2018
|
11,000
|
i) 01-04 Years for ₹ 2,000 crore
|
ii) 05-09 Years for ₹ 2,000 crore
|
iii) 10-14 Years for ₹ 3,000 crore
|
iv) 15-19 Years for ₹ 1,000 crore
|
v) 20 Years & above for ₹ 3,000 crore
|
6
|
November 12-16, 2018
|
12,000
|
i) 01-04 Years for ₹ 2,000 crore
|
ii) 05-09 Years for ₹ 2,000 crore
|
iii) 10-14 Years for ₹ 3,000 crore
|
iv) 15-19 Years for ₹ 2,000 crore
|
v) 20 Years & above for ₹ 3,000 crore
|
7
|
November 19-23, 2018
|
12,000
|
i) 05-09 Years for ₹ 3,000 crore
|
ii) 10-14 Years for ₹ 4,000 crore
|
iii) 15-19 Years for ₹ 2,000 crore
|
iv) 20 Years & above for ₹ 3,000 crore
|
8
|
November 26-30, 2018
|
12,000
|
i) 01-04 Years for ₹ 2,000 crore
|
ii) 05-09 Years for ₹ 2,000 crore
|
iii) 10-14 Years for ₹ 3,000 crore
|
iv) 15-19 Years for ₹ 2,000 crore
|
v) 20 Years & above for ₹ 3,000 crore
|
Calendar for Issuance of Government of India Dated Securities
Sr. No.
|
Week of Auction
|
Amount in
( Rs.Crore)
|
Security-wise allocation
|
9
|
December 3-7, 2018
|
12,000
|
i) 05-09 Years for ₹ 3,000 crore
|
ii) 10-14 Years for ₹ 4,000 crore
|
iii) 15-19 Years for ₹ 2,000 crore
|
iv) 20 Years & above for ₹ 3,000 crore
|
10
|
December 17-21, 2018
|
12,000
|
i) 01-04 Years for ₹ 2,000 crore
|
ii) 05-09 Years for ₹ 2,000 crore
|
iii) 10-14 Years for ₹ 3,000 crore
|
iv) 15-19 Years for ₹ 2,000 crore
|
v) 20 Years & above for ₹ 3,000 crore
|
11
|
December 24-28, 2018
|
12,000
|
i) 05-09 Years for ₹ 3,000 crore
|
ii) 10-14 Years for ₹ 4,000 crore
|
iii) 15-19 Years for ₹ 2,000 crore
|
iv) 20 Years & above for ₹ 3,000 crore
|
12
|
December 31, 2018 –
January 04, 2019
|
12,000
|
i) 01-04 Years for ₹ 2,000 crore
|
ii) 05-09 Years for ₹ 2,000 crore
|
iii) 10-14 Years for ₹ 3,000 crore
|
iv) 15-19 Years for ₹ 2,000 crore
|
v) 20 Years & above for ₹ 3,000 crore
|
13
|
January 07-11, 2019
|
12,000
|
i) 05-09 Years for ₹ 3,000 crore
|
ii) 10-14 Years for ₹ 4,000 crore
|
iii) 15-19 Years for ₹ 2,000 crore
|
iv) 20 Years & above for ₹ 3,000 crore
|
14
|
January 14-18, 2019
|
12,000
|
i) 01-04 Years for ₹ 2,000 crore
|
ii) 05-09 Years for ₹ 2,000 crore
|
iii) 10-14 Years for ₹ 3,000 crore
|
iv) 15-19 Years for ₹ 2,000 crore
|
v) 20 Years & above for ₹ 3,000 crore
|
15
|
January 21-25, 2019
|
12,000
|
i) 05-09 Years for ₹ 3,000 crore
|
ii) 10-14 Years for ₹ 4,000 crore
|
iii) 15-19 Years for ₹ 2,000 crore
|
iv) 20 Years & above for ₹ 3,000 crore
|
16
|
January 28- February 01, 2019
|
12,000
|
i) 01-04 Years for ₹ 2,000 crore
|
ii) 05-09 Years for ₹ 2,000 crore
|
iii) 10-14 Years for ₹ 3,000 crore
|
iv) 15-19 Years for ₹ 2,000 crore
|
v) 20 Years & above for ₹ 3,000 crore
|
17
|
February 04-08, 2019
|
12,000
|
i) 05-09 Years for ₹ 3,000 crore
|
ii) 10-14 Years for ₹ 4,000 crore
|
iii) 15-19 Years for ₹ 2,000 crore
|
iv) 20 Years & above for ₹ 3,000 crore
|
18
|
February 11-15, 2019
|
12,000
|
i) 01-04 Years for ₹ 2,000 crore
|
ii) 05-09 Years for ₹ 2,000 crore
|
iii) 10-14 Years for ₹ 3,000 crore
|
iv) 15-19 Years for ₹ 2,000 crore
|
v) 20 Years & above for ₹ 3,000 crore
|
19
|
February 18-22, 2019
|
12,000
|
i) 05-09 Years for ₹ 3,000 crore
|
ii) 10-14 Years for ₹ 4,000 crore
|
iii) 15-19 Years for ₹ 2,000 crore
|
iv) 20 Years & above for ₹ 3,000 crore
|
Calendar for Issuance of Government of India Dated Securities
Sr. No.
|
Week of Auction
|
Amount in
( Rs.Crore)
|
Security-wise allocation
|
20
|
February 25- March 01, 2019
|
12,000
|
i) 01-04 Years for ₹ 2,000 crore
|
ii) 05-09 Years for ₹ 2,000 crore
|
iii) 10-14 Years for ₹ 3,000 crore
|
iv) 15-19 Years for ₹ 2,000 crore
|
v) 20 Years & above for ₹ 3,000 crore
|
21
|
March 4-8, 2019
|
12,000
|
i) 05-09 Years for ₹ 3,000 crore
|
ii) 10-14 Years for ₹ 4,000 crore
|
iii) 15-19 Years for ₹ 2,000 crore
|
iv) 20 Years & above for ₹ 3,000 crore
|
Total
|
2,47,000
|
|
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 and floating rate bonds (FRBs), including CPI linked inflation linked bonds, depending upon the requirement 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 green-shoe option to retain additional subscription up to ₹ 1000 crore each against any one or more of the above security, indicated in the auction notification. However, the exercise of the green-shoe option within one or more securities in an auction shall be within the overall notified amount for the auction.
The auction of dated securities will be subject to the terms and conditions specified in the 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
|