On a review of the cash position of the Government of India, the Reserve Bank of India, in consultation with the Government of India, has decided to rollover the maturing amount of Treasury Bills till September 30, 2009. The notified amounts for the auction of the T-Bills for the period July 22, 2009 to September 30, 2009 are being given below.
Notified amount for auction of Treasury Bills
(for the period July 22, 2009 to September 30, 2009)
Date of Auction |
91 DTB |
182 DTB |
364 DTB |
Total |
22-Jul-09 |
8,000 |
1,500 |
|
9,500 |
29-Jul-09 |
8,000 |
|
1,000 |
9,000 |
5-Aug-09 |
8,000 |
1,500 |
|
9,500 |
12-Aug-09 |
5,000 |
|
1,000 |
6,000 |
18-Aug-09 |
5,000 |
1,500 |
|
6,500 |
26-Aug-09 |
5,000 |
|
1,000 |
6,000 |
2-Sep-09 |
4,500 |
1,500 |
|
6,000 |
9-Sep-09 |
5,000 |
|
4,000 |
9,000 |
16-Sep-09 |
5,000 |
3,000 |
|
8,000 |
23-Sep-09 |
5,000 |
|
1,000 |
6,000 |
30-Sep-09 |
2,000 |
1,000* |
|
|
Note: * minimum notified amount |
It may be recalled that in the Calendar for Issuance of Treasury Bills released through the RBI Press Release 2008-2009/1628 dated March 31, 2009, it was announced that the rollover of maturing Treasury Bills from the second quarter onwards, i.e., from July 1, 2009 onwards would be decided by the Reserve Bank of India in consultation with the Government of India.
The Reserve Bank of India/Government of India will continue to have the flexibility to modify the notified amount and timing for auction of Treasury Bills keeping in view the emerging requirements of the Government, market conditions and other relevant factors. The calendar is thus 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. F 2(12)-W&M/97, dated March 31, 1998 issued by the Government of India, as amended from time to time.
Ajit Prasad
Manager
Press Release: 2009-2010/87
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