The Reserve Bank of India will conduct the following auctions of T-Bills under the Market Stabilisation Scheme (MSS) using "Multiple Price Auction" method. | Date of Issuance | Instrument | Amount
(₹ billion) | Maturity | | April 17, 2017 (Monday) | 329 Days T-bill | 250 | March 12, 2018 (Monday) | | April 24, 2017 (Monday) | 323 Days T-bill | 250 | March 13, 2018 (Tuesday) | | May 2, 2017 (Tuesday) | 317 Days T-bill | 250 | March 15, 2018 (Thursday) | | May 8, 2017 (Monday) | 312 Days T-bill | 250 | March 16, 2018 (Friday) | The bids for the auctions should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system between 10.00 am and 11.00 am. Result will be announced on the same day. Payment by successful bidders will be on T+0 basis. The sale of T-Bills will be subject to the terms and conditions specified in the General Notification. F.No 4 (8)-W & M/2015 dated May 26, 2016 issued by Government of India and as amended from time to time. The Non-Competitive Bidding Scheme is not extended to these T-Bill auctions. Ajit Prasad
Assistant Adviser Press Release : 2016-2017/2780 | |