OREANDA-NEWS. March 28, 2011. On a review of the cash position of the Government of India, the Government of India, in consultation with the Reserve Bank of India, has decided to notify amounts for the issuance of Treasury Bills for the first quarter ending June 2011. The notified amounts for the auction of the Treasury Bills for the period April 1, 2011 to June 30, 2011 are given below:

Notified amount for auction of Treasury Bills

 

 

(April 1, 2011 to June 30, 2011)

(Rs. Crore)

Date of Auction

91 Days

182 Days

364 Days

Total

6-April-11

4,000

 

2,000

6,000

13-April-11

4,000

2,000

 

6,000

20- April -11

4,000

 

2,000

6,000

27- April -11

4,000

2,000

 

6,000

4- May-11

5,000

 

2,000

7,000

11-May-11

5,000

2,000

 

7,000

18-May-11

5,000

 

2,000

7,000

25-May-11

5,000

2,000

 

7,000

1-June-11

5,000

 

2,000

7,000

8-June-11

5,000

2,000

 

7,000

15-June-11

5,000

 

2,000

7,000

22-June-11

5,000

2,000

 

7,000

29-June-11

6,000

 

2,000

8,000

Total

62,000

12,000

14,000

88,000

The Government of India/ Reserve Bank 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.