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Press Release


PDF document (126 kb)
Date : Oct 06, 2017
Indicative Calendar of Market borrowings by State Governments for the Quarter October – December 2017

The Reserve Bank of India, in consultation with the State Governments, announces that the quantum of total market borrowings by the State Governments and the Union Territory of Puducherry, for the quarter October - December 2017, is expected to be in the range of ₹ 1,18,150 crore to ₹ 1,29,000 crore. The schedule of auctions on weekly basis (along with the names of States who have confirmed participation and tentative amounts indicated by them) to be held during the quarter is as under:

Indicative calendar of State Governments Market Borrowings
(October 2017 to December 2017- QIII)

Month Proposed Date Expected Quantum of Borrowing
(₹ in crore)
States Who Have Confirmed Participation and The Tentative Amount of Borrowing (₹ in crore)
October 2017 10.10.2017 14250-15000 Andhra pradesh 1,000.00
Goa 200.00
Jammu & kashmir 400.00
Jharkhand 1,000.00
Karnataka 1,000.00
Madhya pradesh 2,000.00
Maharashtra 2,156.50
Meghalaya 125.00
Punjab 600.00
Rajasthan 1,000.00
Sikkim 270.00
Tamilnadu 1,500.00
Uttarakhand 500.00
Uttarpradesh 2,500.00
October 2017 24.10.2017 10500-12000 Andhra pradesh 1,000.00
Assam 500.00
Chhattisgarh 700.00
Jharkhand 250.00
Karnataka 1000.00
Puducherry 100.00
Punjab 200.00
Tamilnadu 1,000.00
Telangana 1,000.00
Uttrakhand 300.00
Uttarpradesh 2,500.00
West bengal 2,000.00
October 2017 31.10.2017 9300-10500 Gujarat 600.00
Himachal pradesh 300.00
Karnataka 1500.00
Madhya pradesh 2,000.00
Maharashtra 2,100.00
Punjab 300.00
Tamilnadu 1,000.00
West bengal 1,500.00
November 2017 07.11.2017 6000-7000 Assam 500.00
Jharkhand 1,000.00
Karnataka 1,000.00
Meghalaya 125.00
Punjab 400.00
Tamilnadu 1,500.00
Uttarakhand 200.00
West bengal 1,500.00
November 2017 14.11.2017 11500-12500 Andhra pradesh 1,000.00
Assam 500.00
Goa 200.00
Gujarat 1,000.00
Jammu & kashmir 200.00
Karnataka 1,000.00
Madhya pradesh 1,000.00
Maharashtra 2,100.00
Odisha 500.00
Punjab 200.00
Rajasthan 500.00
Tamil nadu 1,000.00
Uttarpradesh 1,850.00
West bengal 500.00
November 2017 21.11.2017 9400-10000 Assam 800.00
Bihar 1,500.00
Jharkhand 250.00
Karnataka 1,500.00
Kerala 500.00
Madhya pradesh 1,000.00
Nagaland 100.00
Puducherry 100.00
Punjab 150.00
Tamilnadu 1,000.00
Telangana 1,000.00
Uttarakhand 500.00
West bengal 1,000.00
November 2017 28.11.2017 14300-15000 Andhra pradesh 1,000.00
Assam 500.00
Bihar 1,500.00
Gujrat 600.00
Karnataka 2,000.00
Madhya pradesh 1,000.00
Maharashtra 2,100.00
Mizoram 100.00
Odisha 500.00
Punjab 150.00
Rajasthan 1,000.00
Tamil nadu 1,000.00
Uttar pradesh 1,850.00
West bengal 1,500.00
December 2017 05.12.2017 10250-11000 Assam 500.00
Bihar 1500.00
Himachal pradesh 500.00
Karnataka 1,500.00
Kerala 1,000.00
Madhya pradesh 1,000.00
Meghalaya 150.00
Punjab 800.00
Tamil nadu 1,500.00
West bengal 2,000.00
December 2017 12.12.2017 13900-15000 Andhra pradesh 1,000.00
Assam 500.00
Bihar 1,500.00
Gujrat 600.00
Jammu & kashmir 300.00
Karnataka 1,500.00
Madhya pradesh 1,000.00
Maharashtra 2,100.00
Nagaland 200.00
Odisha 500.00
Punjab 500.00
Rajasthan 1000.00
Tamil nadu 1000.00
Uttrakhand 200.00
Uttar pradesh 1000.00
West bengal 1500.00
December 2017 19.12.2017 8500-9500 Bihar 1,500.00
Goa 200.00
Karnataka 2,000.00
Madhya pradesh 1,000.00
Odisha 500.00
Puducherry 100.00
Punjab 350.00
Tamil nadu 1,000.00
Telangana 1,000.00
West bengal 1,000.00
December 2017 26.12.2017 10250-11500 Andhra pradesh 1,000.00
Assam 500.00
Bihar 1,500.00
Karnataka 1,598.00
Odisha 500.00
Punjab 350.00
Rajasthan 1,464.00
Tamil nadu 1,000.00
Uttrakhand 500.00
Uttar pradesh 1,000.00
West bengal 1,500.00
Total   1,18,150-1,29,000    

The actual amount of borrowings and the details of the states participating would be intimated by way of press releases two/three days prior to the actual auction day and would depend on the requirement of the State Governments, approval from the Government of India under Article 293(3) of the Constitution of India and the market conditions. RBI would endeavour to conduct the auctions in a non-disruptive manner, taking into account the market conditions and other relevant factors and distribute the borrowings evenly throughout the quarter. RBI reserves the right to modify the dates and the amount of auction in consultation with State Governments.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/955


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