After review of the cash position, Government of India, in consultation with the Reserve Bank of India, has revised the auction calendar for the issuance of Treasury Bills for the remaining part of Q4 of 2015-16 as under:
| Notified Amount for Auction of Treasury Bills(During February 3, 2016 to – March 31, 2016)(` Crore) | ||||
| Date of Auction | 91 Days | 182 Days | 364 Days | Total |
| February 03, 2016 | 8,000 | 6,000 | 14,000 | |
| February 10, 2016 | 8,000 | 6,000 | 14,000 | |
| February 17, 2016 | 8,000 | 6,000 | 14,000 | |
| February 24, 2016 | 8,000 | 6,000 | 14,000 | |
| March 02, 2016 | 8,000 | 6,000 | 14,000 | |
| March 09, 2016 | 8,000 | 6,000 | 14,000 | |
| March 16, 2016 | 8,000 | 6,000 | 14,000 | |
| March 23, 2016 | 8,000 | 6,000 | 14,000 | |
| March 30, 2016 | 8,000 | 6,000 | 14,000 | |
| Total | 72,000 | 24,000 | 30,000 | 126,000 |
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 depending upon the requirements of the Government of India, evolving market conditions and other relevant factors. Thus, the calendar is 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. F2(12)-W&M/97 dated March 31, 1998 issued by the Government of India, as amended from time to time.
