Reserve Bank of India – Press Releases

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The Reserve Bank of India pronounces the public sale of Government of India Treasury Bills as per the next particulars:

Sr. No Treasury Bill Notified Amount
(in ₹ crore)
Auction Date Settlement Date
1 91 Days 9,000 September 21, 2022
(Wednesday)
September 22, 2022
(Thursday)
2 182 Days 7,000
3 364 Days 5,000
  Total 21,000    

The sale will likely be topic to the phrases and circumstances specified within the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 together with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021, issued by Government of India, as amended now and again. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any particular person or establishment specified by the Bank on this regard, can take part on non-aggressive foundation, the allocation for which will likely be outdoors the notified quantity. Individuals also can take part on non-aggressive foundation as retail buyers. For retail buyers, the allocation will likely be restricted to a most of 5 p.c of the notified quantity. Individual buyers also can place bids as per the non-aggressive scheme by way of Retail Direct portal (https://rbiretaildirect.org.in).

The public sale will likely be Price primarily based utilizing a number of value methodology. Bids for the public sale ought to be submitted in digital format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Wednesday, September 21, 2022, through the beneath given timings:

Category Timing
Competitive bids 10:30 am – 11:30 am
Non-Competitive bids 10:30 am – 11:00 am

Results will likely be introduced on the day of the public sale.

Payment by profitable bidders should be made on Thursday, September 22, 2022.

Only within the occasion of system failure, bodily bids can be accepted. Such bodily bids ought to be submitted to the Public Debt Office (electronic mail; Phone no: 022-22632527, 022-22701299) within the prescribed kind obtainable from RBI web site (https://www.rbi.org.in/Scripts/BS_ViewForms.aspx) earlier than the public sale timing ends. In case of technical difficulties, Core Banking Operations Team ought to be contacted (electronic mail; Phone no: 022-27595666, 022-27595415, 022-27523516). For different public sale associated difficulties, IDMD public sale group will be contacted (electronic mail; Phone no: 022-22702431, 022-22705125).

Rupambara           
Director (Communications)

Press Release: 2022-2023/881



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