As part of market borrowing program of the Government of India (GoI) and State Governments, RBI conducts auction of GoI Dated Securities, Treasury Bills and State Development Loans. The auction cut off results are put out in public domain by way of a Press Release. RBI has been publishing auction results at a stipulated time as specified vide RBI/2016-17/51 Ref.IDMD/435/08.01.001/2016-17 dated August 25, 2016. It has now been decided to revise the auction cut off result timings as given in the table below: Instrument | Announcement Time | Treasury Bills | 3:00 PM
| GoI Dated Securities | State Development Loans | If for any reason, it is not possible to adhere to the above mentioned time line, the auction result would be announced at 3.30 pm or at any time thereafter. Allotment to the successful bidders would be made as per the existing procedure, immediately after the auction results are announced. Rupambara Director Press Release: 2019-2020/1682 | |