Press Information Bureau
Government of India
Ministry of Finance
29-September-2011 20:07 IST
Issuance Calendar for Marketable Dated Securities for October-March 2011-12
With a view to enabling institutional and retail investors to plan their investment in an efficient manner and providing transparency and stability in the Government securities market, it has been decided to continue with the system of releasing the indicative calendar for issuance of the Government of India securities. Keeping in view the shortfall in other financing items, it has been decided to increase the Government market borrowings through dated securities provided in the Union Budget 2011-12 by ` 52,872 crore. The market borrowing through dated securities during the second half (i.e. October 1, 2011 –March 31, 2012) would be ` 2,20,000 crore, instead of ` 1,67,128 crore. Accordingly, an indicative calendar for issuance of Government dated securities for the second half of the fiscal year 2011-12 as given below, is being issued in consultation with the Reserve Bank of India.
Calendar for Issuance of Government of India Dated Securities
(October 1, 2011 to March 31, 2012)
|
Sl. No.
|
Week of Auction
|
Amount in ` Crore
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Security-wise allocation
|
1
|
October 3-7, 2011
|
15,000
|
i) 5-9 Years for ` 3,000-4000 crore
|
ii) 10-14 Years for ` 5,000-6,000 crore
|
iii) 15-19 Years for ` 2,000-3,000 crore
|
iv) 20 Years & above for ` 3,000-4,000 crore
|
2
|
October 10-14, 2011
|
13,000
|
i) 5-9 Years for ` 3,000-4,000 crore
|
ii) 10-14 Years for ` 5,000-6,000 crore
|
iii) 15-19 Years for ` 3,000-4,000 crore
|
3
|
October 24-28, 2011
|
15,000
|
i) 5-9 Years for `.3,000-4,000 crore
|
ii) 10-14 Years for ` 5,000-6,000 crore
|
iii) 15-19 Years for ` 2,000-3,000 crore
|
iv) 20 Years & above for ` 3,000-4,000 crore
|
4
|
October 31-November 4, 2011
|
13,000
|
i) 5-9 Years for ` 3,000-4,000 crore
|
ii) 10-14 Years for ` 5,000-6,000 crore
|
iii) 15-19 Years for ` 3,000-4,000 crore
|
5
|
November 7-11, 2011
|
13,000
|
i) 5-9 Years for ` 3,000-4000 crore
|
ii) 10-14 Years for ` 5,000-6,000 crore
|
iii) 20 Years & above for ` 3,000-4,000 crore
|
6
|
November 14-18, 2011
|
13,000
|
i) 5-9 Years for ` 3,000-4,000 crore
|
ii) 10-14 Years for ` 5,000-6,000 crore
|
iii) 15-19 Years for ` 3,000-4,000 crore
|
7
|
November 21-25, 2011
|
13,000
|
i) 5-9 Years for ` 3,000-4,000 crore
|
ii) 10-14 Years for ` 5,000-6,000 crore
|
iii) 20 Years & above for ` 3,000-4,000 crore
|
8
|
November 28-December 2, 2011
|
13,000
|
i) 5-9 Years for ` 3,000-4,000 crore
|
ii) 10-14 Years for ` 5,000-6,000 crore
|
iii) 15-19 Years for ` 3,000-4,000 crore
|
9
|
December 5-9, 2011
|
13,000
|
i) 5-9 Years for ` 3,000-4,000 crore
|
ii) 10-14 Years for ` 5,000-6,000 crore
|
iii) 20 Years & above for ` 3,000-4,000 crore
|
10
|
December 19-23, 2011
|
12,000
|
i) 5-9 Years for ` 3,000-4,000 crore
|
ii) 10-14 Years for ` 4,000-5,000 crore
|
iii) 15-19 Years for ` 2,000-3,000 crore
|
11
|
January 2-6, 2012
|
15,000
|
i) 5-9 Years for ` 3,000-4,000 crore
|
ii) 10-14 Years for ` 5,000-6,000 crore
|
iii) 15-19 Years for ` 2,000-3,000 crore
|
iv) 20 Years & above for `3,000-4,000 crore
|
12
|
January 9-13, 2012
|
12,000
|
i) 5-9 Years for ` 3,000-4,000 crore
|
ii) 10-14 Years for ` 5,000-6,000 crore
|
iii) 15-19 Years for ` 2,000-3,000 crore
|
13
|
January 23-27, 2012
|
12,000
|
i) 5-9 Years for ` 3,000-4,000 crore
|
ii) 10-14 Years for ` 5,000-6,000 crore
|
iii) 20 Years & above for ` 2,000-3,000 crore
|
14
|
January 30-February 3, 2012
|
12,000
|
i) 5-9 Years for ` 3,000-4,000 crore
|
ii) 10-14 Years for ` 5,000-6,000 crore
|
iii) 15-19 Years for ` 2,000-3,000 crore
|
15
|
February 6-10, 2012
|
12,000
|
i) 5-9 Years for ` 3,000-4,000 crore
|
ii) 10-14 Years for ` 4,000-5,000 crore
|
iii) 20 Years & above for ` 2,000-3,000 crore
|
16
|
February 13-17, 2012
|
12,000
|
i) 5-9 Years for ` 3,000-4,000 crore
|
ii) 10-14 Years for ` 5,000-6,000 crore
|
iii) 15-19 Years for ` 2,000-3,000 crore
|
17
|
February 20-24, 2012
|
12,000
|
i) 5-9 Years for ` 3,000-4,000 crore
|
ii) 10-14 Years for ` 4,000-5,000 crore
|
iii) 20 Years & above for ` 2,000-3,000 crore
|
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.
As in the past, the Government of India/ Reserve Bank will continue to have the flexibility to bring about modifications in the above calendar in terms of notified amount, issuance period, maturities, etc. keeping in view the emerging requirements of the Government, market conditions and other relevant factors after giving due notice.
SS/GN
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